Outstanding Transactions After Reconciling

by Sharon

Bank Reconciliations

Bank Reconciliations

Why does my general ledger bank balance not match my bank reconciliation report?

I made a few adjustments after the reconciliation was done. I do see some outstanding transactions but I am unable to clear them becuase I have already reconciled.

The bank balance at year-end does balance out to the bank statement; it is just those few months that do not. The reconciliation reports are correct but the general ledger reports are off due to these outstanding transactions.

Do I need to do something to clear these outstanding transactions?

Click here to post comments

Return to Unanswered Bookkeeping Questions.

Enjoy A Tea Break With
Me Today. Let's Chat!

Use the search feature to quickly find the
information you're looking for.

Your Learning Curve!


Join Me On Facebook

Help support this site by "liking" me! Here's where I post current information.

Listed Under Websites NOT Local Business.
This website is NOT associated with the business operating in Bonnyville AB.

A Handy Reference