• BANK RECONCILLIATION STATEMENT

    Good Afternoon, l have the issue and l need all the assistance, l am an auditor and l am trying to review the account reconciliation as generated on sage but am faced with the following challenges: 1. l noticed for few accounts that my company operates…
  • Duplicate Entries In Reconciliation Screen - Reconciled May perfectly

    Hi I'm very new to Sage, like very new, I did Mays reconciliation was out 0.03 but we concluded it was a rounding error. My question is, after reconciling there were still a lot of entries that showed up for May. Duplicated entries showing the same…
  • opening balance from 2021, how to reconcile stmt to bring up to date

    Hi there, I took over the book keeping for a company and the previous book keeper was not consistent with using the bank rec for the credit cards. The Company year end is Oct 1 - Sept 30th. I am trying to go backwards to clear out and reconcile 2022…
  • Refund of prepayment

    I made a prepayment to a vendor and recorded it. However, the vendor has now refunded the amount back to us. I'm not sure how to account for it at the moment, but the refunded amount has been deposited into our bank. any guidance?
  • reconciliation error

  • Customer account went into liquidation help?

    We have a customer who's company went into liquidation. They then started up a new company under a new company name however a new account has not been set up for them. Just a name change to the old company that went into liquidation. I have only recently…
  • Some bank transactions not appearing

    I'm trying to do my first bank rec for our operating account and am running into an issue. I've linked our bank account, and all applicable transactions show up on the match transactions screen, but when I go to do the bank rec 2 of my May 31st transactions…
  • entering transactions past the 2 year mark and reconcile bank

    I'm I able to post transactions and reconcile bank past 2 years? If not and I restore from backup to 12/31/2018 and enter everything, is there a way I can keep the data already entered for 2019 and 2020 without having to redo each journal entry?
  • Bank reconciliation.

    Hi we discovered that year 2018 ending bank balance that don't agree with what is in Sage 50 2018. We have accounted for all the transaction, everything it accurate. We need the starting balance of 2019 match the ending balance of 2018. so that we start…
  • Bank Reconciliation - Understanding Expenses, Bank Charges

    I've been using Sage for only 2 years and the bank account reconciliations have always gone well. We don't normal incur account expenses but when they did occur, I simply created an expense and allocated it to the Bank Charges account automatically created…
  • generated bank reconciliation report shows no entries, bank reconciliation window is accurate

    FormerMember
    FormerMember
    Incorrect bank reconciliation report is being generated when bank reconciliation window is accurate and posted. Why
  • old items in bank reconciliation

    I have 3 items appearing in my bank reconciliation from 2013 that I would like to remove. 1 is an item that was entered as an expense paid by cash from the chequing account but it was actually paid by cash from an employees personal account. The other…
  • Bank Reconciliation is off

    Hi, I need help. We changed our user module and now instead of single user we have 2 users for our Simply Accounting. Since this our bank reconciliation is off. It is quite a mystery as we do match the entries to the bank perfectly but it shows an unresolved…