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Dynamics 365 Community / Forums / Finance | Project Operations, Human Resources, ... / Bank reconciliation co...
Finance | Project Operations, Human Resources, ...
Suggested answer

Bank reconciliation correction amount

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Posted on by CapsLock 1,419

Hi, 

Does anyone knows what the field "correction amount" is used for? I can't never edit it: 

pastedimage1623822205708v1.png

Thanks!! 

I have the same question (0)
  • CapsLock Profile Picture
    CapsLock 1,419 on at
    RE: Bank reconciliation correction amount

    So the conclusion would be that this field is just used for advanced bank reconciliation?

    The period I'm working in is open.

  • Suggested answer
    saurabh bharti Profile Picture
    saurabh bharti 15,039 Moderator on at
    RE: Bank reconciliation correction amount

    pastedimage1623826952142v1.png

  • huijij Profile Picture
    huijij 19,811 on at
    RE: Bank reconciliation correction amount

    Please check MS document:

    https://docs.microsoft.com/en-us/dynamics365/finance/cash-bank-management/reconcile-bank-statements-advanced-bank-reconciliation#reconcile-the-bank-statement

    regards

  • Suggested answer
    Bharath jain Profile Picture
    Bharath jain 1,352 Super User 2025 Season 2 on at
    RE: Bank reconciliation correction amount

    Hi,

    correction field is used when the amount for a bank account transaction does not correspond to the amount for the transaction on the bank statement.

    Note: If the fiscal period of the transaction to be corrected is closed, the Correction amount field cannot be used. Instead, create a line that has a transaction date that is in an open fiscal period for the correction.

    Regards,

    Bharath Jain.

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