Reconciling End of Year Bank Statement

[calbapt]

I had a staff member cash his first of year check for Jan 2, 2011 on December 31st. The bank statement came with the check showing on the December 2010 statement. What do I do to reconcile the bank statement without fouling up the payroll data.

[Jeff]

Assuming you are using version 11, un-check the option at the top of the bank reconciliation screen that says: "Only show items dated before the statement date" The check should then be shown on the list and you should be able to reconcile.

Note: you will now be reconciling to the current account balance not the balance on 12/31/2010, but you should still be able to reconcile, it will just show the entries posted since 12/31/2010 as outstanding.

[calbapt]

Thank you for your reply. I found that I could also change the reconciliation date to January 3, 2011 which is not the same as the banks but allows more checks to show up. When I printed my reconciliation copy, I initialed and corrected the date. I also appreciate the information you guys posted under taxes. It worked. I was able to make a social security-employer and then under the employees, for that tax item employer SSI I could edit and choose that one for the employer 6.2 percent. This is a great program for churches and you guys do a great job keeping us up to date and informed!