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How do I do an adjusting entry in the bank module to get the balances to agree with the GL. A void was done after I had the bank reconciled for 12/2020, now the 01/2021 balances in the bank mod do not agree to the GL. In the past I vaguely remember debiting and crediting cash with a similar issue. I am using GP2018

  • 1.  How do I do an adjusting entry in the bank module to get the balances to agree with the GL. A void was done after I had the bank reconciled for 12/2020, now the 01/2021 balances in the bank mod do not agree to the GL. In the past I vaguely remember debiting and crediting cash with a similar issue. I am using GP2018

    Posted 13 days ago
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    Steve Podvin
    United Physicians
    Bingham Farms MI
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    Academy - Online Interactive Learning from Experts


  • 2.  RE: How do I do an adjusting entry in the bank module to get the balances to agree with the GL. A void was done after I had the bank reconciled for 12/2020, now the 01/2021 balances in the bank mod do not agree to the GL. In the past I vaguely remember debiting and crediting cash with a similar issue. I am using GP2018

    TOP CONTRIBUTOR
    Posted 9 days ago
    Steve,

    You should be able to simply enter your bank transaction and set both the debit and credit to the same GL account.  This will adjust the balance of your checkbook and not adjust any balance in the GL.

    Chris

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    Chris Donnelly
    Sr Mgr of Info Systems and Financial Reporting
    Healthmark Industries
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    Academy - Online Interactive Learning from Experts


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