Forum Discussion

Erl_'s avatar
Erl_
Member
2 years ago

First Bank Reconciliation

We just migrated on MYOB advanced last year. How to bring in bank beginning balance so we can do our first bank reconciliation.
jlpatch's avatar
jlpatch
Trusted Partner
2 years ago

When you migrated you probably brought in opening GL Balances.  They need to reconciled because they would have been reconciled in the legacy system.  If bank reconciled in legacy system then need to do some adjustments - the accountant can work those out.  then reconcile as per normal.

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