Bank Reconciliation - Calculated closing balance problem
I have recently set up MYOB Business Litefor a small non-profit. The previous Treasurer of the organisation was maintaining handwritten books. I have encountered what appears to be an error with the calculated closing balance of a bank account. The non-profit opened and deposited $141.50 into a bank account on 16/11/2018. Accordingly, after entering the deposit as Receive Money, the calculated bank balance for 16/11/2018 should be $141.50. However, MYOB is presenting a calculated closing balance of-$8,958.14. I need to figure out why it is doing this and fix it. It is stopping me from being able to reconcile the bank account.Solved1.1KViews0likes3Comments