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Unable to adjustment reconciling item on Bank Account Reconciliation for a closed period

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Posted on by Community Member

Hello,

I'm trying to reconcile bank accounts for closed periods. I have an amount that does not tie to the bank amount. Based on my research, since it is a close month, I have to add another line to make the adjustment. The check box in 'cleared' shows up automatically and I am unable to save the adjustment and reconcile the account for the period.

Does anyone know how to make adjustments for balancing issues in closed periods?

Thanks in advance for your help,

Alicia

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Poornima-Dynamics on at

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RE: Unable to adjustment reconciling item on Bank Account Reconciliation for a closed period

Hi Alicia,

Please make sure to check if the Transaction types are correctly specified to align bank reconciliation matching rules. Transaction types for bank transactions are defined on the Bank transaction type page. This is also where you define the main account to be used for postings associated with that transaction type. Also, refer to this document if it helps setup transaction codes and bank transaction types.

Advanced bank reconciliation setup process - Finance | Dynamics 365 | Microsoft Docs

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Community Member on at

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RE: Unable to adjustment reconciling item on Bank Account Reconciliation for a closed period

Hi, I've attached a screen shot of the difference. The errors appear when I click 'reconcile' up at the top and I am unable to go any further. The period being reconciled is closed so we can not post a adjustment in a closed period.

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saurabh bharti 15,035 Moderator on at

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RE: Unable to adjustment reconciling item on Bank Account Reconciliation for a closed period

Can you please share more details on this withs screenshots?

Also, can you try post manual journal entry and then reconcile?

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