How to reconcile a bank ledger entries that are open more than a year?

Posted on by Jaunt

172

Hi Everyone,

Good evening.

What is the best way to clear out old G/L entries still showing as bank reconciliation open items.

Most of them have a debit and credit that canceled each other out. Let me know what is the cleanest way to do you. I have already did the December 2023 Bank Rec so let me know if it’s best that delete it and start over.

Can I create a new bank account reconciliation to close these open entries alone? If yes, what value I have to put in 'Statement Ending Balance' field?

Please advise.

Thanks,