Receivables Reconciliation Report

Question

Hi,&nbsp;When I run a Receivables Reconciliation Report for the 31/12/2023 I get an Out of Balance Amount.&nbsp;What would be the likely cause or what comprises the out of balance amount.&nbsp;Balance as per report&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; $116,529.48Receivables Account&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;71,212.23&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;(This equals the balance sheet)Out of Balance&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 45,317.25&nbsp;thank youAndrew

legion · Accepted Answer

The out of balance is the result of a Cash Receipt being posted to 2023 Trade Debtors and allocated to a Jan 24 Invoice.

Forum Discussion

Receivables Reconciliation Report - Out of Balance Amount.

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