Electronic clearing account
Hi Everyone I am oping someone can help with this. There were payments entered via spend money into the electronic clearing account on 30/6/21 totalling $16K However these were not proces...
Forum Discussion
If you are looking at the balance sheet as at 30/6/ then the electronic clearing account will show those entries as they were sitting there at that date.
If they were not processed until the 1/7 then the Balance Sheet as at 1/7 will show $0 in electronic clearing
The onlt way to get rid of the figure in the balance sheet would be to delete and redo the payment as at 30/6
Either way it only moves between Electronic Clearing or the bank account- The bank will show an outstanding payment for the $16k as at 30/06
Hope that helps
Lisa
Thanks for your reply LRBooks61
I've already tried that, I thought that would be the obvious solution.
I htink it's due to a GJ entry that the accountant's office has entered. If only I could get them to reply...
Many thanks again.
SMM
You are probably correct then
you can check yourself
go into the balance sheet and drill down into the electronic clearing account or account list and see if there is a journal entry for the 30/6
lisa
