We created a new database and entered opening balances. How do we enter O/S chq to the bank entry for reconcilation?
Bank Entries. You can use the cheque number as the Entry Number.
bank entries work but AP Batch entry is Best.
Yes, that is generally what I do to. Create a payment batch that equals the O/S cheques, dated appropriately and delete the batch in the GL.
However, either way works.
*Community Hub is the new name for Sage City