GPtip42day - How do I reconcile a cash account with no transactions for the period?
At times, you may have a non-interest bearing cash account with no activity for the period. When you try to reconcile the checkbook, you get the following error -
*click image to enlarge
Here's how to deal with this issue - enter a $.01 dummy Increase Adjustment and a $.01 dummy Decrease Adjustment in your checkbook. Debit and credit the cash account for both transactions. Run your reconcile for the period and clear the two dummy transactions. Your reconcile reports will then print.
This was originally posted here.
*This post is locked for comments