Hi Support,
We need to do a Bank rec for the first time even though Bank, AP and AR have been in use for some time now. What is the correct procedure for this.
Hi Support,
We need to do a Bank rec for the first time even though Bank, AP and AR have been in use for some time now. What is the correct procedure for this.
You'll need to add a Bank Adjustment using the bank's GL account to true up the balances.
Hi Jay,
what about the existing checks and deposits in the bank. how will they be cleared.
You clear them like every other transaction.
*Community Hub is the new name for Sage City