Hi,I have Windows 7 & using MYOB Accounting Plus V19.Under Bank Reconciliation,I'd balanced per bank bank statement but made an error in posting.How do I force change the Calculated Statement Balance?

[Dilip]

Hi,I have Windows 7 & using MYOB Accounting Plus V19.Under Bank Reconciliation,I'd balanced per bank bank statement but made an error in posting.How do I force change the Calculated Statement Balance?

[Neil_M · Accepted solution]

HI @Dilip 

The calculated statement balance cannot be force changed. Instead as it is made up of the opening balance of the account, combined with all transactions that have been previously reconciled as well as the transactions ticked in the current reconciliation.

So if the calculated statement balance was incorrect, you’d be looking at checking the previous reconciliation report to ensure that was correct against the corresponding bank statement. If there were any discrepancies you’d need to keep going back till the point you found the reconciliation report and bank statement matched, as the following one would likely be incorrect or missing information.

Once you’ve identified the error you’ll need to undo the reconciliations going back that far before correcting the error and reconciling forwards to the current date.

[Dilip]

Hi @Neil_M ,

Thank  you the explanation. I did go back  yesteerday to the point I found the reconciliation report and bank statement matched, then found the error and reconciled the bank statement.Thanks for your help.