Bank Account Reconciliation

sunnyk · 2017-07-03

IN NAV 2016, We post a transaction of 1000 in June'17. Since it is posted in 2 different cheques but the Finance has posted the cash receipt journal in one line (Lumpsum), there is only one cheque that is cleared by the bank in the latest statement. How to reconcile this?
Lets Say Checque A is 800 and Checque B is 200 but in Bank Ledger we have one Document Line showing 1000.

bilalrai · 2017-07-03

@sunnyk I have gone the scenario that you have explained. In reconciliation bothe the amounts should be same. So, I think the only way to solve this problem is that you should reverse the transaction and again create two different transactions. One of 800 and other one of 200. And reconcile the 800 one and keep the other transaction open.
Regards,
Bilal Haider

bilalrai · 2017-07-03

@sunnyk I have gone the scenario that you have explained. In reconciliation bothe the amounts should be same. So, I think the only way to solve this problem is that you should reverse the transaction and again create two different transactions. One of 800 and other one of 200. And reconcile the 800 one and keep the other transaction open.
Regards,
Bilal Haider

Bank Account Reconciliation

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