View Full Version : Why is the bank reconciliation not matching GL?
Iweeks
May 7, 2008, 12:16 PM
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.
progunr
May 7, 2008, 12:19 PM
Are you accounting for any bank fees that may be assessed, and not listed in the GL?
Iweeks
May 7, 2008, 12:23 PM
Yes, I'm accounting for bank fees.
progunr
May 7, 2008, 12:44 PM
Yes, I'm accounting for bank fees.
OK.
Without access to your information, I don't know what else to guess.
morgaine300
May 7, 2008, 09:15 PM
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.
Iweeks
May 13, 2008, 07:00 AM
Thanks. I appreciate your help. I'm beginning to think that my GL doesn't match bank recon. Module due to date postings. The bank module is posting items in a different period than the GL.