In This Chapter
Understanding what bank reconciliations are all about
Preparing to do your first reconciliation
Doing the deed — reconciling your bank account
Digging your way out of tricky situations
Tackling a bank account that doesn't balance
Saving bank reconciliation reports
You have to reconcile yourself to a lot in this life. When you go for a picnic, it always rains. When your computer crashes, it's the one time you didn't back up. When you drop a piece of toast, it lands jam-side down.
Another fact of life that you have to reconcile yourself to is this: If you're going to use MYOB, you have to reconcile your bank account. The good news is that reconciling accounts is actually quite easy, and can even be fun, in a nerdy kind of way.
In this chapter, I explain how to go about this process. I explain how one of the benefits of using bank feeds is ...