Every entry for a quarter has been posted from bank statement. Balances are perfect after each entry.
Attempting reconciliation: Shows discrepancy which happens to be the difference between opening balance and closing balance.
Previous quarter reconciled without challenge, though that was about 3 mths ago.
What am I doing wrong?
Am I understanding correctly that the opening balance does not match the previous closing balance, so this is the discrepancy? If so, have you tried running a Locate Discrepancies report? When you select Reconcile, there is an option to run this report.
I'd ticked them by "Mark all". Apparently they have to be ticked manually entry by entry .. no shortcuts!! So it was as simple as that!
Now I can get on with the task!!
It is a bit tedious checking off every single item when I'm posting straight off a bank statement. That's how I knew there was no discrepancy.
Learning all the time??**!!