Add a column for "balance" in bank accounts
Add a column for balance so that I can see what my balance is with every listed transaction. This would be much easier for scheduling and re-arranging bill payments and projecting account balances without having to run a report every time I reschedule or change a bill payment date.
We now have the option to see the 'Running Balance' of the bank account after each transaction in the Banking module. (Please go to the specific bank account and there will be a running balance column)
Thank you for your patience.
2 years later and this feature is still missing, does Zoho CS listens to their customers?
Brian Sly commented
This was requested so long ago. It's so frustrating to have to go line by line through both Zoho and my bank account to find when something is off. And I know I've voted for this multiple times but I come back and my votes are gone. So I have to vote again. Please add a daily balance. We are all wasting so much time when we can't check balances faster than going through every item in our books.
The bank reconciliation process, reporting and screens are terrible. We need totals for deposits and withdrawals, and to sort by type of transaction -- check, cash, wire, etc.
There needs to be reporting on the reconciliation history showing the open items so that one can match the bank balance to the Zoho balance.
These are standard features in all bookkeeping and accounting systems.
totally agree and seems like it wouldn't be that hard...
Unfortunately I have to go from program to another because of this important drawback. It is absurd that he does not have the balance column. Is a total waste of time each time I have to reconcile an account.
I'm extremely disappointed Zoho is still without this. When I try to match bank statements to Zoho if I'm off a single penny I have to go through each transaction one by one. This is a waste of my time. There should be balances aligned after each transaction or at least after each day. Almost two years later from when Rachel shared this idea and it's still not added.
Please add this! This is a huge feature missing from Zoho Books.
Brent Jackson commented
Please, Please add this function. It is so difficult to find mistakes without it. Like david Hiebert said, it should be a standard function of zoho books and should absolutely be there.
Also, the totals of each of the debits and credits needs to be added to make "bank reconciliations" better, easier, and faster.
This should be a standard function. Please add this function soon.
David Hiebert commented
Seems like a mandatory function of any accounting program. I'm amazed that both Zoho and Xero do not have it.