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#53890 - 03/06/19 01:13 PM Bank Reconciliation - First Time Use
jnsimex
Member


Registered: 11/27/05
Posts: 388
Loc: Canada
Hi Everyone,

What is the entry to reconcile the balance when using the Accpac Bank Module for the first time?


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#53891 - 03/06/19 01:14 PM Re: Bank Reconciliation - First Time Use [Re: jnsimex]
Jay Converse Administrator
Member


Registered: 07/31/00
Posts: 7710
Loc: Location, Location
Use the bank's GL account
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Jay Converse
Sage 300 Whisperer

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#53892 - 03/06/19 01:23 PM Re: Bank Reconciliation - First Time Use [Re: Jay Converse]
jnsimex
Member


Registered: 11/27/05
Posts: 388
Loc: Canada
As in a GL Entry? what would be the other side of the entry?
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#53893 - 03/06/19 01:24 PM Re: Bank Reconciliation - First Time Use [Re: jnsimex]
Jay Converse Administrator
Member


Registered: 07/31/00
Posts: 7710
Loc: Location, Location
A bank entry
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Jay Converse
Sage 300 Whisperer

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#53894 - 03/06/19 01:30 PM Re: Bank Reconciliation - First Time Use [Re: Jay Converse]
jnsimex
Member


Registered: 11/27/05
Posts: 388
Loc: Canada
Ok and once the bank subledger is updated, I delete the related GL batch?
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#53895 - 03/06/19 01:32 PM Re: Bank Reconciliation - First Time Use [Re: jnsimex]
Jay Converse Administrator
Member


Registered: 07/31/00
Posts: 7710
Loc: Location, Location
No
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Jay Converse
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#53896 - 03/06/19 01:39 PM Re: Bank Reconciliation - First Time Use [Re: Jay Converse]
jnsimex
Member


Registered: 11/27/05
Posts: 388
Loc: Canada
i do a withdrawal to the bank gl account for the out of balance amount?
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#53897 - 03/06/19 01:42 PM Re: Bank Reconciliation - First Time Use [Re: jnsimex]
Jay Converse Administrator
Member


Registered: 07/31/00
Posts: 7710
Loc: Location, Location
yes
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Jay Converse
Sage 300 Whisperer

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#53898 - 03/06/19 01:45 PM Re: Bank Reconciliation - First Time Use [Re: Jay Converse]
jnsimex
Member


Registered: 11/27/05
Posts: 388
Loc: Canada
Thank you!
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