Sage Quiery

bigmuggsy

Hi

A quick Sage quiery for those in the know.

A client has asked me to look into why her credit card balance never reconciles to the statements. I did do, and found two discrepencies were she'd entered one amount by mistake and the other duplicated. I advised to delete these transactions via File>Maintenence>Corrections.

The problem however is the message 'This transaction has been Bank Reconciled - if it is deleted it will affect your Bank Reconciled opening balance for the relevant bank account'. Will it matter if I delete them considering they were made in 2007?

Any help/advice on this would be great (Sage is still relatively new to me!)

Thanks

Mike

PGM

The delete option is handy, but many people avoid it. Often better to put in a correcting entry instead, keeping the audit trail intact!

Also, if the amount has been reconciled, why is it now being deleted? Was the reconciliation done wrong?

Monsoon

I wouldn't mess with a transaction that's been reconciled and in a period that's been closed.

As PGM says, just make a journal correction to balance the account, based on your findings from your investigations, dated in THIS financial year, or it will confuse things at year end.

bigmuggsy

Many thanks for your help.

Best regards


Mike