Share
Report
3Hi,
I am working on reconciling my operating checking account for Feb 2024. I have done the reconciliation twice now and have double checked that everything was done correctly to reconcile. I have used a couple of other methods that also can double check the reconciliation such as comparing the total additions and total subtractions on the bank statement to the deposits and payments in GP. They both check out correctly. I have also run a trial balance on the GL account and it matches my adjusted book balance correctly. Still for some reason my adjusted book balance is not equal to my adjusted bank balance.
I have pulled up the checkbook balance on the account for each of the previous 13 months and when I pull up that balance for each month and compare it to the adjusted book balance on the bank reconciliations of the same period I am off by the same amount as my Feb. 2024 amount but those bank recs zeroed out correctly in the past.
Does anyone have any input of what might be causing this? Again, this is not human error at this point in doing the bank reconciliation. Could this be caused by a voided check or transaction in the past?
Thanks for your time and help!
Categories:
I have the same question (0)
All responses (
Answers (
