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ReportHi all,
We recently moved over to Microsoft D365 from NetSuite and I was running into a situation with our bank reconciliations.
While we imported our available bank balance (total less uncleared transactions) via general journal, however, when navigating to Cash and bank management > Bank statement recon > Bank accounts, the transactions seem to be Opening Balance, Ending Balance, and Unreconciled with no field accounting for uncleared transactions.
Below is an example of the month end recon per NetSuite:
|
|
BALANCE | Notes |
| Reconciled | ||
| Current Reconciled Balance | $ 1,000,000.00 | |
| Reconcile Statement Balance - 3/29/2024 | $ 1,000,000.00 | |
| Difference | $ - | |
| Unreconciled | $ - | |
| Uncleared | $ - | |
| Deposits and Other Credits | $ - | |
| Checks and Payments | $ (10,000.00) | |
| Total - Uncleared | $ (10,000.00) | |
| Total - Unreconciled | $ (10,000.00) | |
| Total as of 3/29/2024 | $ 990,000.00 | JE to import available balance posted |
This view in D365, however, looks like:
I would think that our ending balance in D365 should match what the bank provides, however, I'm unsure as to how to record what hasn't cleared so that D365 has record of what the bank shows our balance to be versus what we recorded as our available balance.
Thanks in advance!
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