Effective Date for Bank Reconciliation in Tally

Effective Date for Reconciliation (Bank Accounts only)

This is to be given for accounts falling under the Bank Accounts Group (or Bank OCC a/c). The books beginning date is taken by default. It appears in the Ledger Creation screen as shown below:

Note: To enable the option Effective date for reconciliation?

Press F12: Configure.

Enable the option Allow effective date for Reconciliation?

Press Ctrl + A to accept.

This is the date from which you can reconcile your bank account in your books with the bank statements. Normally, is the beginning date itself. However, you could have imported data from a previous version of Tally.ERP 9 or from any other system (where the reconciliation process was not available or was different). In that case, you may not need to reconcile the bank account with your bank statements from the very beginning. Provide the date from which you want the reconciliation facility to be activated. Then, the previous entries will not appear for reconciliation.

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