Bank Balance is different in Balance sheet

[austingolduk]

Hello, Can anyone help me. I posted all the transactions for a particular month and was successfully able to do the bank reconciliation statement. But the statement balance (with agreed with cash book balance) showed a different figure in the balance sheet for that month. Any thought on where I have missed something?

[NeilZ]

Hello, Can anyone help me. I posted all the transactions for a particular month and was successfully able to do the bank reconciliation statement. But the statement balance (with agreed with cash book balance) showed a different figure in the balance sheet for that month. Any thought on where I have missed something?

Does the reconciliation report reconciles down to zero ?? Usually that means everything is correct, however there will be a difference between the bank statement/reconciliation and the balance sheet. This thread should help: https://www.powerchurch.com/forum/viewt ... f=3&t=6250