Skip to main content
Z
Zhanna2022
July 13, 2022
Solved

BANK RECONCILATION

  • July 13, 2022
  • 1 reply
  • 0 views

I’m reconciling bank and have a question. Service charges always entered in the window “begin reconciliation” under service charge tab. My deposit/credits and checks/debits transaction quantities on the bank statement matches to quantities under items have been marked cleared in QBD.  I’m ready to click reconcile now but under difference tab I have my service charge amount and under service charge tab I have same amount. Service charge is always automatically entered in the system once the month is reconciled. What am I doing wrong here? Thank you

Best answer by BigRedConsulting

It sounds like maybe the service charge was already entered in your bank register, before you started the reconcile process.

 

If so, then don't enter it again as you start the reconcile process as that'll just add another charge, duplicating the one you have already entered.

1 reply

BigRedConsulting
BigRedConsultingAnswer
July 13, 2022

It sounds like maybe the service charge was already entered in your bank register, before you started the reconcile process.

 

If so, then don't enter it again as you start the reconcile process as that'll just add another charge, duplicating the one you have already entered.

    Z
    Zhanna2022Author
    July 13, 2022

    Thank you, yes you are correct. it was entered already. I had to undo reconciliation and didn't realized that it was already entered. 

      Terms & ConditionsAccessibility statement