Bank Account Reconciliation

(0) Share

Report

Posted on by Community Member

Hi Everyone,

We are new to Business Central D365 and currently performing bank account reconciliation.

We have a bank account that do not have activity during the month so I cannot post the bank recon.

Is there a way to close the bank rec for the month before proceeding to the next month?

Your help is much appreciated.

Thank you.

Jorge

I have the same question (0)

All responses (6)

Answers (2)

Suggested answer

JAngle 133 on at

Like (1)

Report

If no activity took place then BC and the bank will already be in synch.

A user is asked for the statement date when creating a bank account reconciliation. It is not mandatory to have one month by month. Some businesses do a bank rec everyday.

To do a fictional bank rec would be more admin as you’d have to reverse the transaction anyway.

Was this reply helpful? Yes No
Verified answer

tlhgolfer 23 on at

Like (0)

Report

Jorge,

You can't post a zero bank rec in BC. This was a new feature in Dynamics GP that was just added in the latest versions to be able to allow this. I would suggest a feature request.

Tanya

Was this reply helpful? Yes No
Community Member on at

Like (0)

Report

Thank you for your reply Josh.

It would be great to be able to close a bank rec even with no activity so the statement series makes sense. And, it would confirm that a bank rec has been done and bank rec reports would confirm that tasks has been completed.

Was this reply helpful? Yes No
Community Member on at

Like (0)

Report

Thank you for your response Tanya.

It would be great to be able to close a bank rec even with no activity so the statement series makes sense. And, it would confirm that a bank rec has been done and bank rec reports would confirm that tasks has been completed.

Was this reply helpful? Yes No
Verified answer

Teddy Herryanto (Th... 14,284 Super User 2025 Season 2 on at

Like (0)

Report

As people suggested, you don't need to post Bank Statement if there is no activity.

However, if you really want to do it, just add two lines on your statement.

No activity +1 $

No activity -1 $

The end result will still be 0, and you can post the bank reconciliation.

Was this reply helpful? Yes No
Community Member on at

Like (0)

Report

Thank you for the idea Teddy. Although there is nothing to post, a reconciliation report would be good to have to confirm that the bank rec tasks has been completed, the reports showing no transactions, and the bank statement series is in proper sequence.

Was this reply helpful? Yes No