Cash Management/Balance Sheet reconciliation

[danacatlett]

Each month, we print a Cash Management report and a Balance Sheet report. The checking account balance on the Balance Sheet always equals the checking account balance on the Cash Management report. This month, there is a $20 difference. The Balance Sheet has the same amount as my bank reconciliation. We always close the prior month before adding new transactions, and the December beginning balances of my accounts equal the November ending balances, so I know there were no transactions added to a prior month. I re-indexed our files (twice), and the report is the same. Any ideas why this would be?

[Zorak]

Since the Cash Management report doesn't have a month or date selection, it is looking at all posted transactions (and potentially unposted things in Accounts Payable). The Balance Sheet only includes transactions through the selected accounting month/year.

I'm guessing if you run next month's Balance Sheet, it would match the Cash Management report, meaning there is one or more transactions posted in next month which total that $20 difference.