Forum Discussion

SungbyJess's avatar
SungbyJess
Member
1 year ago

Reconciled bank account is not reflected in the Balance sheet report.

I have reconciled my bank account and it matches the running bank balance.  This is at the end of the financial year.   When I make a report Balance Sheet for the end of the financial year, the bank ...
ChrisMc's avatar
ChrisMc
MYOB Staff
1 year ago

Thanks for your reply
Yes you need to clean up these outstanding transactions on the bank reconciliation and try and match to the bank feed/s
As for incorrect closing balance, if you run a balance sheet at 31/12/24 (assuming you have assigned transactions to end of December, do you have the same incorrect balance at 31/12/24?

  • SungbyJess's avatar
    SungbyJess
    Member
    1 year ago

    I have 'cleaned up' those transactions and the balance is now correct - thanks.  So this means that these were duplicate transactions?  Did I not 'match' them correctly when the bank feeds are incoming?

     

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home