Bank Reconciliation for cheque account (current account) and online account

bmistry
bmistry Member Posts: 64 Reckoner Reckoner
in Reckon One

While doing bank reconciliation for online account, it works perfect. No problem

While doing reconciliation for cheque account, I have to enter current positive balance as negative balance. For example, my balance as per bank statement is $ 200.00 Entering this amount does not reconcile.

However when entered as $ -200.00 it balances.

Any reason for this?

Best Answer

  • Eric Murphy
    Eric Murphy Member Posts: 568 Reckon Hall of Famer Reckon Hall of Famer
    Answer ✓

    Out of curiosity, where are you entering this in?

Answers

  • bmistry
    bmistry Member Posts: 64 Reckoner Reckoner

    Waiting to get reply from experienced community members or RECKON SUPPORT.

  • bmistry
    bmistry Member Posts: 64 Reckoner Reckoner

    The amount as shown in bank statement is entered in Bank Reconciliation dialogue box asking for date and amount.

    Appreciate the solution.

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