Dear all,
I am doing Bank reconciliation first time. We are using Navison from last one year.But Bank reco will be for September month only.
Now my problem is, What to do for the entries belongs to the back period( < September). How will our Bank Reco tally in this scenerio i.e. first time
Please suggest.
Hi Prakash,
The way I would do this is:
1. post a reconcilation select all transaction < september (e.g. 1000 )
2. Post an adjustment Bank account -> G/L bank acc for the difference in the opening balance ( e.g. Bal =1800, <sept = 1000, adjustment 800 )
3. reconcile 2 (now closing bal = 1800 )
4. Then your ready for first real reconcile
Dave Treanor
Dynamics Nav Add-onswww.simplydynamics.ie/Addons.html
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