Hi Wwynn,

You are correct.  If you have an unresolved amount, the program will force you to assign that amount to an account of your choice in order to post the bank rec.  The main idea is that the statement end balance plus the outstanding transactions (can be deposit (+) or withdrawal (-)) will give you the adjusted statement end balance and it has to be the same as your book balance.  If they are different, the software will make the book balance the same as the adjusted statement end balance by adding or substracting the difference.

You can look at the previous bank reconciliations by going to Reports, Banking, Account Reconciliation Reports.  Please be aware that once you post a bank reconciliation, you cannot adjust it.

Hope this helps

Hi Wwynn,

You are correct.  If you have an unresolved amount, the program will force you to assign that amount to an account of your choice in order to post the bank rec.  The main idea is that the statement end balance plus the outstanding transactions (can be deposit (+) or withdrawal (-)) will give you the adjusted statement end balance and it has to be the same as your book balance.  If they are different, the software will make the book balance the same as the adjusted statement end balance by adding or substracting the difference.

You can look at the previous bank reconciliations by going to Reports, Banking, Account Reconciliation Reports.  Please be aware that once you post a bank reconciliation, you cannot adjust it.

Hope this helps