How to generate a Three-Way Reconciliation Report
You can run a Three-Way Reconciliation report through the Reports page, which is accessible from Accounting section. Click on Reports and Trust Reports
Select Three way reconciliation report:
1. From the Select Account drop-down, select the bank account you wish to run the report for.
2. Press the + to create a new Closing Statement.
3. Under Amount enter the book amount of this account according to your bank's statement.
4. Select Create on the bottom of the page and your report is prepared to be viewed/printed.
5. Click the print button to run the report.
What is a Three-way Reconciliation Report?
A Three-way Reconciliation Report is a report that compares your Bank Statement balance (you enter this in), Book Balance in Zola Suite and the Client Ledger Balances in Zola Suite. Running this report is a great way to catch discrepancies and ensure ...
What is the Account Reconciliation Report?
The Account Reconciliation Report is used to ensure that both your Zola Suite Register and your bank account transactions are in agreement. To start the reconciliation, click the + sign in the top right hand corner of the report header. Here, you ...
How Can I Edit a Bank Reconciliation?
Sometimes while creating Bank Reconciliations you may make a mistake, confuse one transaction for another, and have to go back to update. If you need to make any changes to an existing reconciliation, you can do so by Going to the Reports tab of ...
What Is the Difference Between Reconciling and Clearing?
In Zola Suite you can Reconcile or Clear transactions to check if the records in your bank/credit account match your Zola Suite records. Reconciliation works with both trust and operating bank accounts but not credit cards accounts. In Zola Suite, ...
What is the Split Compensation Report?
The Split Compensation Report is one of Zola Suite's advanced reports that allows you to see data by user for matters that they are a responsible or an originating attorney for. (if they billed for a matter that they are not an originating or ...
Experiencing degraded performance in Zola Suite?