How to use cash account details to find discrepancy in between Bank Rec & Trial Balance Summary ending balance.
My Bank Rec cash account balance & Trial Balance Summary ending balance have not been matching for a couple of months and can not seems to find the discrepancy, I saw a article saying the cash account details can help but I’m not sure how or what i should be looking for.
any help would be appreciated!
Thank you,
Best answer by Laura03
Hello
Did you already run the Recalculate Account Balances process in Banking module?
To identify errant cash entries: Select the Cash Account, select a range of dates where the difference likely occurred, and search for a transaction whose Amount matches your difference. Also try looking for entries that originated outside the “normal” cash entry modules.
Laura
+19Hello
Did you already run the Recalculate Account Balances process in Banking module?
To identify errant cash entries: Select the Cash Account, select a range of dates where the difference likely occurred, and search for a transaction whose Amount matches your difference. Also try looking for entries that originated outside the “normal” cash entry modules.
Laura
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