Search found 3 matches
- Mon Apr 01, 2013 12:58 pm
- Forum: Accounting
- Topic: WHAT BANK STATEMENT BALANCE TO USE FOR NEW USER
- Replies: 5
- Views: 1766
Re: WHAT BANK STATEMENT BALANCE TO USE FOR NEW USER
thanks again :wink: I have one more question.... Since I am a new user and we have no formal accounting records from previous year, I have no entries made from previous year... I issued a cheque for salary advances on Dec/12 - the employee cashed it on the same month (Dec) - but I have to record it ...
- Sat Mar 30, 2013 10:49 pm
- Forum: Accounting
- Topic: WHAT BANK STATEMENT BALANCE TO USE FOR NEW USER
- Replies: 5
- Views: 1766
Re: WHAT BANK STATEMENT BALANCE TO USE FOR NEW USER
Thanks... but I don't have any entries made from previous year. We only started our "formal" accounting this year but we issued cheques from previous year but some of those cheques were cashed on January. When I'm doing my bank reconciliation - I can't balance it to zero as I don't have any transact...
- Sat Mar 30, 2013 1:47 am
- Forum: Accounting
- Topic: WHAT BANK STATEMENT BALANCE TO USE FOR NEW USER
- Replies: 5
- Views: 1766
WHAT BANK STATEMENT BALANCE TO USE FOR NEW USER
Hello. I am a new user of PowerChurch Plus11.5 version and I'm confused on the part of bank reconciliation of this software. Please confirm what is the amount I should supposed to enter in the "BANK STATEMENT BALANCE". If I will do the January 2013 bank reconciliation - will I enter the ending bank ...