deborah1919 wrote the following post on 8/17/2008 1:25:52 AM
[quote] I started this position in the middle of the month. The previous person closed June the second week in July. I am trying to close out July and my accounts payables does not balance. Where do I begin. I am short 500.00 and I have looked through the reports over and over and I can not figure out what she has done. She made a reverse journal entry in payables so it dropped a large sum of paybles into July. Should I look back into June for it?
Usually if you post by batch date you may have some transactions from a different month .
So Dec transactions posted in Jan will cause you to be out of balance as they will go into the GL in Jan
Also there is an add on reconcile product to find these out...
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