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Evo-ERP and DBA Classic >> Accounting >> Check Register & Balance Sheet
http://www.istechforum.com/YaBB.pl?num=1076979949

Message started by Stephanie on 02/16/04 at 17:05:49

Title: Check Register & Balance Sheet
Post by Stephanie on 02/16/04 at 17:05:49

My check register ending balance and the assett account on the balance sheet do not match...
Any suggestions?

Title: Re: Check Register & Balance Sheet
Post by Lynn Pantic on 02/16/04 at 17:53:07

Which one is correct and agrees with the bank statement?

Title: Re: Check Register & Balance Sheet
Post by Stephanie on 02/17/04 at 15:17:03

The check register is correct (GL-I) and the balance sheet is wrong (GL-F). Thanks ~S~

Title: Re: Check Register & Balance Sheet
Post by vicki on 03/25/04 at 12:17:02

verify that you have posted your General Ledger accounts in GL-0 Print/Post General Ledger Batches

Title: Re: Check Register & Balance Sheet
Post by Lynn Pantic on 03/26/04 at 07:37:59

If everything is posted in GL-O and they still do not match and the check register is correct, use GL-B and make a type 1 General Journal entry to correct the balance. This will hit the GL Balance but not the check register. The tricky part, of course, is where to post the other side of the entry. Cash is usually posted against AR or AP but if both those accounts are correct, you will need to put it someplace else.