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HarleyRiderGA
January 28, 2024
Question

Payment has been reconciled June 2023 however coding is Payment to be deposited

  • January 28, 2024
  • 1 reply
  • 0 views

Greetings, I am still finding more mud puddles to jump in meaning I am finding more payment entry errors.

A community member responded and I thank her for that, however last night I found more issues that I feel need to be resolved as this keeps getting worse.  I will address her solution after I have this one resolved

I am attaching the area of concern, in hopes that you will tell me how to correct this.

 

The following resulted when I sent the invoice and they paid. In my logic since it had not made it to the bank I marked as Payment to be deposited, which is wrong.  I have a LOT like this. Most have been reconciled with Payments to be deposited but they have been deposited .  I am concerned that it is throwing off everything because of this.   I do not know how to correct this,  please advise.  Thank you for your knowledge.

 

1 reply

A
AnneMariee
January 28, 2024

Hello there, HarleyRiderGA. Thanks for coming back to the Community.

 

I understand it can be overwhelming to face difficulties organizing your books. Allow me to help you through the process of ensuring that your transactions are under the correct accounts.

 

Before anything else, I'd recommend consulting an accountant to ensure your financial records are accurate and up to date. They can give the most valuable insights and guidance to help you set up your accounts correctly and optimize your financial processes. If you still need one, you can use our accountant tool to locate a nearby professional.

 

You mentioned that your transactions have already been reconciled, but you've noticed some errors. In this situation, it would be best to consult with an accountant who can assist you in undoing past reconciliations. Alternatively, you could also manually remove each transaction from the reconciliation. Moving forward, make sure to refer to your bank statements when reconciling to help you out in organizing your records.

 

Here are some valuable resources for your reference:

 

Lastly, generating a reconciliation report can be incredibly helpful when you encounter difficulties in reconciling. To assist you in this process, here is a comprehensive guide on generating a reconciliation report: How do I view, print, or export a reconciliation report?

 

If you need anything else or have any other questions, please never hesitate to leave them in the comments below. I'll be around to ensure you're taken care of. Stay safe always.

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