Payroll transactions and bank reconciliation

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SOH
SOH Member Posts: 1 ✭
in Reckon One

Hi everyone,

Newbie Reckon One user. I've done a bank rec and I've discovered that the discrepancy is because payroll transactions appear twice. I think they appear the first time automatically when I post a pay run. Then when I manually do the bank rec, they appear again as withdrawals from my account.

I'm guessing the simple fix is to simply delete one of them from the rec, but which one? Some just have 'Payroll' in the reference, and the withdrawals from the bank feed have a string of numbers in the reference. Does it matter which one I delete? Best practice? Any implications on other reports etc?

Thanks so much in advance.

Martin

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  • Kris_Williams
    Kris_Williams Member Posts: 3,293 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    I think it will matter which one you delete but as I don’t use this version of Reckon just wait for someone who does to answer your question.

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