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Adjusting Book Balance without affecting GL balance

Problem Details:

Need to adjust Book Balance in Bank Reconciliation to match GL balance, and do not want to change GL balance which is correct.

 

Solution:

The only way to adjust a Book Balance amount (without affecting AR or AP) is by doing a bank entry.  This can be done through Bank Services / Bank Transactions / Bank Entries, or the entry can be created through the Bank Reconciliation function on the Reconciliation tab.  This entry then gets sent to the GL Batch List.  There are two ways to prevent this entry from affecting the GL balance of the bank.

  1. When the entry is created, post it to the bank gl account.  This way the amount will affect the book balance, and will debit and credit the GL account for no net change. 
  2. Delete the entry in the GL batch before posting.

 

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