• Bank Reconcilliation Problem G/L does not match bank reconcilliation

    My statement is in balance but it does not match G/L cash account. The amount that is off is a deposit that I made. Unfortunately, I had planned on making the deposit on Feb 29th, but was unable to make it to the bank in time. I had input the date as…
  • How to Record Checks in New Account from Old Account without Affecting the G/L

    We recently needed to close out a checking account and open a new one. As all funds were moved to the new account, the bank is clearing checks drawn on the old account through the new account and is reflected on the statement for the new account. How…
  • Income Statements

    I am trying to run my income statement and it is not capturing all the deposits that are going in. However I have successfully reconciled the account but the GL is off. What am I doing wrong?
  • PO Receipts without Invoice

    If we receive a PO in full but don't have an invoice, does it show as an open payable as vouchered but no invoice received.
  • Bank reconciliation

    My instant checks no longer show up on my bank reconciliation. Has this happened to anyone else? And how was it resolved.
  • Bank Recon problem.

    On the right side of the Reconciliation Summary my adjusted Bank Balance is 8 cents more than my GL balance. On the left side the Cleared Balance equals the Bank Balance. 8 cents is immaterial but how do I get this to equal?