Try Microsoft Edge
A fast and secure browser that's designed for Windows 10
Can someone tell me why my adjusted book balance in my bank reconciliation module does not tie to my gl bank balance? I am new to bank reconciliation.
Hi Pattie--The most common reasons include:
1. If you have just implemented Bank Reconciliaton, Cards>>FInancial>>Checkbook should be populated with the last bank statement balance in the Last Reconciled Balance field. This balance plus/minus outstanding transactions should equal the current cash balance.
2. If you have been using Bank Rec for a while, then there are one of three scenarios that can cause things to be off.
Let me know how it goes!