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Bank Reconciliation with no transaction

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Posted on by 55

Hi, I would like to check if for a particular month there is no transaction at all, can I still do the bank recon and post it? 

For example, Jan-21 has totally no transaction and the bank statement balance is the same as Dec-20 bank balance amount. In this case can we do the bank reconciliation for just Jan-21?

Appreiciate anyone kind advice on this. Thank you! 

  • Verified answer
    JAngle Profile Picture
    JAngle 33,159 on at
    RE: Bank Reconciliation with no transaction

    Precisely

  • Michelleee12 Profile Picture
    Michelleee12 55 on at
    RE: Bank Reconciliation with no transaction

    Hi Josh, thanks for the reply. In this case, I would not need to do for Jan-21 and continue from Feb-21 onward?

  • Suggested answer
    JAngle Profile Picture
    JAngle 33,159 on at
    RE: Bank Reconciliation with no transaction

    If totally blank it will throw a “Nothing to post” message. Needs to have transactions to post.

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