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BThompson1's avatar
BThompson1
3 years ago

Electronic Wages payments

Hi there,    I have just taken on a new client and their bank reconciliation has not been reconciled since June 2019. I have managed to reoncile all the way up to 30 April 2020 but there are three ...
  • Tracey_H's avatar
    Tracey_H
    3 years ago

    Hi BThompson1 

     

    I'm sorry to see that no one has replied to you yet. Were those wages paid from a different bank account? If they were you could journal the amounts out of the bank account to the account they were actually paid from. You could then match the journal with the electronic payment transactions.

     

    The other scenario is that duplicate transactions have been recorded and reconciled. In this situation you'd need to undo the bank rec, delete the duplicate transaction, then re-do the reconciliation.

     

    Please let me know how you go.

     

    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

Tracey_H's avatar
Tracey_H
Former Staff
3 years ago

Hi BThompson1 

 

I'm sorry to see that no one has replied to you yet. Were those wages paid from a different bank account? If they were you could journal the amounts out of the bank account to the account they were actually paid from. You could then match the journal with the electronic payment transactions.

 

The other scenario is that duplicate transactions have been recorded and reconciled. In this situation you'd need to undo the bank rec, delete the duplicate transaction, then re-do the reconciliation.

 

Please let me know how you go.

 

If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

  • BThompson1's avatar
    BThompson1
    3 years ago

    Thank you for your reply. There aren't any duplicate transactions so I have asked the client if they might have been paid from a different bank account. 

    I will be in touch if I have futher questions, thank you so much for your help. 

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