Bank Reconciliation Balancing

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Posted on by CU01081542-1

Good afternoon,

I inherited a system from a previous controller who had not run a bank reconciliation for nearly a year.

Although our GL bank balance matches our actual bank balance at year end, I cannot get the bank reconciliation to balance. I use the suggest lines feature and the reconciliation is out approximately $70,000 with 94 entries for over $3,000,000 left unreconciled. We don't write cheques so there should be nothing outstanding at year end.

Is there an easy fix to get back on track? If not, is there a way to start the year fresh?

Thank you

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Dynamics 365 Business Central

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YUN ZHU 84,557 Super User 2025 Season 1 on at

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Bank Reconciliation Balancing

Hi, you can try the new features below.

Introducing: Bank account reconciliation assistance with Copilot (2023 release wave 2)

https://www.youtube.com/watch?v=jhfwx1K0I7Y

Thanks.

ZHU
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Dallefeld 175 User Group Leader on at

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Bank Reconciliation Balancing

What version are you using? Suggest Lines is the old way of reconciliation; you might be better served to auto the new feature with auto matching.

Also, you should get some training from your partner on the specifics of matching and how this reconciliation process works.

One final thing, is your general ledger account marked for direct posting = NO. If not, you may have entries that posted to your GL and never went through the bank subledger in BC