Bank Reconcilliation
My previous months Bank recouncillation which was recounciled now does not recounciles with the Bank Statement.
Forum Discussion
Hi Ratish
Can you please attach the balance sheet for December and also for June? You're welcome to send it by Private Message too if it contains sensitive information.
Hi Komal,
I did what you've told ealier. But Dec Rec would not match with balance expected on statement. Well it be hard to unreconcile 5 months and do Rec for Dec again with huge amount of data. How can we explain this to Auditors or there is way to resolve this.
Hi Ratish
In that case, I would recommend taking a backup of your file and then trying to undo the reconciliation till December, and reconcile that period again to check if the balances are then correct. Unfortunately, it would be hard to fix this without having to undo the reconciliation. Resolving out of bank balance reconciliations help article has detailed instructions on how to identify the possible cause of out of balance and then fix it.
