hweanzinga
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Joined 11 years ago
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OUT OF BALANCE IN BANK RECONCILIATION
Hi all, I have a situation with my bank rec. We did the bank rec up to August 31, 2023, bank rec balance report is same as it appears on the bank stmnt. However, the AccountRight balance as at 31/8/23 is in negative over hundred thousand. I have tried to establish the huge difference, but to no avail. That same negative balance seem to appear as a negative bank balance in the Balance Sheet. Anyone who had experience this help me resolve the issue. Hilic Weanzinga PNG &UNRE958Views0likes3CommentsUnpresented cheques
Hi, I am trying to do a initial bank reconciliation and to account for unpresented cheques from previous financial year. I am debiting and crediting the same bank account. However the issue here is when doing the reco the running balance in the system is not the same as on the bank statement. Need assistance asap Hilic885Views0likes1Comment