Bank Reconciliation and Processing

For Bank Reconciliation all the Journals should have Posted.

Menu Path >> Finance Module > Bank Reconciliation> Select the Bank Account

Enter the Bank Statement Balance and the statement Date and Click on Next
Current Balance shows the amount of both posted and unposted Journals.
Account Balance shows the amount of posted Journals.

Select the Journals

NOTE : If there is still a difference between the Bank Statement and System amount,and you have missed posting some of the Journals in the System. Save the Bank Reconciliation process.

Now you need to Post the relevant Journals and resume the Bank Reconciliation process.
The Reconciliation process will resume from the previous saved process.
To tally the difference amount, you can repeat steps or add Adjustment entries.

User SHOULD select “Save & Exit” till he is sure that all entries reconciliation is completed successfully.

Bank Reconciliation and Processing (P.O)

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