This support note applies to:
- AE MAS (NZ)
- AE MAS (AU)
In MYOB Accountants Enterprise MAS (AE MAS) you may experience the error “Bank reconciliation option not selected for this ledger” when performing a Bank Reconciliation using the transactions entered through Payments, Receipts and Bank Statements.
To resolve this error you need to enable the Bank Reconciliation function for the ledger by setting the Bank Rec field in the Ledger Options to Y.
- Open the AE MAS ledger and follow the menu path Setup > Client Files > Ledger Options. The Ledger Options window appears.
- Click in the Bank Reconciliation field, type Y and click OK. The Bank Reconciliation Sort Sequence window appears.
Select the required option and click OK.Selecting Bank:Date:Batch No. allows you to match receipts using the total values of the batches posted. Selecting Bank:Date:Reference No. allows you to individually match receipt transactions.
If the ledger already has transactions the Bank Reconciliation window appears.
- Specify the required options and click OK. The Ledger Options window closes and you can now perform a bank reconciliation.