There could be a few reasons for this discrepancy
1. Recommend clearing the outstanding transactions in your bank reconciliation prior to 30/6/24
2. Check your bank feeds (if you have bank feed setup) to ensure all bank feeds are allocated
3. Check for any bank feed from 1/7/24 that have been allocated but the transaction is dated prior to 30/6/24
Thanks Chris,
There are no un-allocated transactions - is that the same as your outstanding transactions you mentioned above?
From the reconcile page, there are a number of un-selected transaction lines. I have not changed that from the opening page. The reconciled bank balance matches at that point. If I do select ALL the transactions, then the "calculated closing balance" does match the -$13,588 that mentioned is the number reported on the Balance Sheet for that period. I would have thought the un-selected transactions would be also excluded from the Balance Sheet ? Do I need to delete them?
