INTRODUCTION
This article describes reasons why the checkbook balance in Bank Reconciliation may not match the general ledger cash account in Microsoft Dynamics GP or in Microsoft Business Solutions - Great Plains.
MORE INFORMATION
Any of the following circumstances may cause a difference between the checkbook balance in Bank Reconciliation and the general ledger cash account. Note For more information about how to correct these situations and to tie the Bank Reconciliation to the general ledger cash account, contact technical support for Microsoft Dynamics GP.
Article ID : 864652
Last Review : N/A
Revision : 4.2
• The outstanding information was incorrect when you started using Bank Reconciliation.
• A posted deposit that did not have receipts did not post to the general ledger.
• You posted receipts to the general ledger. However, the deposit has not been made to Bank Reconciliation.
• You posted a Deposit to Clear Receipts to Bank Reconciliation, and those receipts came from Receivables Management or from another module. In this situation, the general ledger may have been updated. However, the checkbook balance may not have been updated.
• You have not yet posted general ledger transactions. However, you have made deposits in Bank Reconciliation.
• The same general ledger cash account is used for more than one checkbook.
• Posting interruptions occurred.
• After a posting interruption occurred, the module that had the posting interruption was restored. However, the Bank Reconciliation files were not restored.
• Non-cash transactions were posted to the general ledger cash account.
• Posting setup was not set to post to the general ledger for the Bank Reconciliation origins.
• Bank Reconciliation is not registered.
• Other modules do not post to the general ledger. However, the modules do update Bank Reconciliation.
• You entered a transaction to the cash account in the general ledger. However, you did not enter a transaction in Bank Reconciliation.
• The cash account is coming from a customer, from a vendor, or from a employee instead of from a checkbook.
• Your starting checkbook balance is not equal to the last reconciled balance.
• A deposit is saved. However, the deposit is not posted.
• You modified a transaction after it went to the general ledger.
• The same cash account was debited and credited. In this situation, the checkbook balance is updated. However, the general ledger cash account has $0 posted to it.