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Home > Business & Careers > Accounting   »   Why is the bank reconciliation not matching GL?

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Old May 7, 2008, 11:16 AM
Iweeks
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Why is the bank reconciliation not matching GL?
The bank reconciliation is not matching the GL. Do you have any ideas on what I should be looking for? The disbursements and deposits match but I'm still off. I must be missing something.

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Old May 7, 2008, 11:19 AM   #2  
progunr
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Are you accounting for any bank fees that may be assessed, and not listed in the GL?
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Old May 7, 2008, 11:23 AM   #3  
Iweeks
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Yes, I'm accounting for bank fees.
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Old May 7, 2008, 11:44 AM   #4  
progunr
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Quote:
Originally Posted by Iweeks
Yes, I'm accounting for bank fees.

OK.

Without access to your information, I don't know what else to guess.

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Old May 7, 2008, 08:15 PM   #5  
morgaine300
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Are you meaning that your adjusted cash balance on the bank reconciliation is not matching the adjusted cash balance in the ledger account? i.e. once you've done the entry for the items on the bank rec, the cash balance doesn't match what's on the bank rec? We really need to established what you mean by this first.
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