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Re: Bank (check acct) reconciliation problem [SOLVED]


Ugghhh... Please ignore my previous e-mail. I didn't put the correct amount as per the bank statement ending balance in the "Statement Balance" field...

The reconciliation function works fine...  By brain (sometimes) does not.


On 03/21/2010 07:45 AM, Michael Chinn wrote:

I'm in the midst of putting LSMB into production use for a small
company. It's still early in the year so I'm having all the transactions
entered by hand from the beginning of the year. Transactions from the
check book register and bank statements were entered using the G/L "Add
Transaction" function to record each transaction individually.

Problem: In January 2 checks were written toward the end of the month
(on the 28th). These 2 transactions were recorded on that date of Jan.
28 via "G/L Add Transaction". However those 2 checks were not
cashed/cleared until February 8th.

January's bank statement does not show these 2 checks clearing (which is
correct) but in February's statement the checks show cleared.

When I try to reconcile January I can't get this month to reconcile to
the bank statement if I exclude these 2 checks. I get an error message.
If I include these 2 transactions as clearing in January (which is not
correct) then it reconciles, which doesn't make sense...

Am I missing something obvious? Any suggestions would be welcome.


Michael Chinn

Office: +1.510.931.6170
Mob:    +1.510.908.3015
Fax:    +1.510.619.8438
Skype: mchinnp2f