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Microsoft Dynamics GP (Archived)

Bank Reconciliation with General Journal/GL Entries

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Posted on by 125

I have a customer that makes debits to a cash account using General Journal transactions. That same cash account is linked to the primary checkbook. When reconciling the checkbook, those general ledger transactions do not appear as deposits since they were not entered in the Bank Reconciliation module. Is there a way to account for the debits as bank deposits without debiting the cash account a second time?

Thank you in advance.

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  • Donnette Spencer Profile Picture
    445 on at

    In posting set-up (Financial series - bank deposit entry origin) you can uncheck Post to General Ledger. This will allow you to post the transactions to the bank account subledger without creating a duplicate entry on the GL.  However this would apply to all bank deposits for all check books.  I would suggest enabling post to GL again after the situation is corrected for the one check book.

  • Suggested answer
    Frank Hamelly | MVP, MCP, CSA Profile Picture
    46,633 Moderator on at

    Why don't you suggest to them using the Bank Transactions window to enter these transactions?  That would resolve the issue.

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