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When to post bank account reconciliation in business central?

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Posted on by Jaunt

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Hi Everyone,

I encountered a few queries when I practised bank account reconciliation in Business Central.

1. Should I enter any value in the 'Balance Last Statement' field when I perform bank reconciliation for the first time in BC?

2. Can I remove any entries in Bank Account Ledger Entry pane?

3. When should I post the reconciliation? meaning should the total difference should come to '0'? I would like to understand the purpose of the below-marked fields.

Please share your thoughts.

Thanks,

Jaunt

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Business Central

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Jaunt 172 on at

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When to post bank account reconciliation in business central?

Hi Yun Zhu,

Thank you for sharing your knowledge with me.

The responses that you shared were helpful. However, I got a few queries after performing reconciliation today.

Old Queries:

1. I am clear by your response on point '1' (Balance Last Statement).

2. I can delete a line from the 'Bank Statement Lines' pane but I'm looking for a delete option on the 'Bank Account Ledger Entries' pane. The reason is, there are some bank transactions that are showing on the bank account ledger entries pane for a given statement date but those are not on the Bank Statement Lines pane. It will show on the statement only for next month.

New Queries:

3. Based on point '2', can I post the reconciliation when there are any extra unapplied lines on the bank account ledger entries pane but all lines are applied and the total difference comes to '0'?

Please share your thoughts.

Thanks,

Jaunt
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YUN ZHU 73,333 Super User 2024 Season 2 on at

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When to post bank account reconciliation in business central?

Hi, here is a detailed explanation video that hopefully gives you some hints.

https://www.youtube.com/watch?v=MiAxCK73RjE

For the question.

1. No. More details: https://learn.microsoft.com/en-us/dynamics365/business-central/bank-how-reconcile-bank-accounts-separately#to-validate-your-bank-reconciliation

2. Yes

3. Yes, but the following conditions are also required.

Thanks.

ZHU