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SungbyJess's avatar
SungbyJess
Member
9 months 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
9 months 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
9 months 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?

 

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