The terminology of the Bank Transactions tabs are really confusing. You have Reconcile, Cash Coding, Bank Statements, Account Transactions, and Reconcile Period. In the US reconcile typically means reconciled to bank statement, not that it just came in on the bank feed and if you code it is is reconciled. The tabs of Reconcile should be New Transactions, and Cash Coding should be Match/Code. The statuses of bank feed transactions should be "New", "Matched/Coded", and "Reconciled". With outstanding transactions being either labeled "New", or "Matched/Coded". Reconcile and Reconciled should be used ONLY for when transactions are reconciled to the bank statement and are locked down.
Dan O'Connell
supported this idea
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The terminology of the Bank Transactions tabs are really confusing. You have Reconcile, Cash Coding, Bank Statements, Account Transactions, and Reconcile Period. In the US reconcile typically means reconciled to bank statement, not that it just came in on the bank feed and if you code it is is reconciled. The tabs of Reconcile should be New Transactions, and Cash Coding should be Match/Code. The statuses of bank feed transactions should be "New", "Matched/Coded", and "Reconciled". With outstanding transactions being either labeled "New", or "Matched/Coded". Reconcile and Reconciled should be used ONLY for when transactions are reconciled to the bank statement and are locked down.