Reconciling

When I have to have the system enter a balance adjustment in order to force reconcile, how can I prevent the system from carrying over that adjustment month after month. It's like I can never actually reconcile. I know there is step that prevents that but I can't remember. Thank you.

Answers

  • Frankx
    Frankx SuperUser ✭✭✭✭✭
    Hi @mschillinger,

    If you are unable to properly reconcile  in the month after you have "forced a reconciliation" (and the amount that won't balance is exactly the same as the "forced entry"), then that indicates a timing difference.  In other words, you actually didn't properly identify a timing difference when you forced the prior month reconciliation.  So, you simply reverse the entry you made to balance the prior month and you should balance going forward.

    Let me know if you have any followups.

    Frankx

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