How do I adjust my bank account balance in my ManageCasa account?

When reconciling, it is important that your bank account balance in your ManageCasa account stays aligned with your bank statements. If you need to make an adjustment, all you need to do is create a journal entry in your Accounting to record what needs to be changed. Let's step through an example of adjusting the balance of a bank account named "Bucknill Aparts".

How to view the bank account's current balance

1. Navigate to Bank Accounts in the left menu
2. Click on the Bank Accounts tab
3. Click anywhere on the line that your bank account is listed
4. Observe the Balance field to see your current bank account balance

How to adjust the bank account balance

1. Navigate to Accounting in the left menu
2. Click the Transactions tab at the top of the screen
3. Click on the blue Add button to create a new transaction
4. Select Journal Entry
5. Fill out the required fields: journal date, journal number
6. In the first row, to increase your bank account (asset) select your bank account and Debit the amount you would like to adjust the balance by
7. To follow the rules of double-entry bookkeeping, in the second row Credit the same amount to the account "Balance Adjustment"
8. Make sure to assign the entry to a Property, Company or Association. If you don't do that, the entry will not show for the respective object, such as the Property Ledger or the Balance Sheet for an association!
9. Click Save

Still have questions?

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