Bank statement date 1st april...bank rec to 31st?

richf

Hi all,

Long day and thought I'd sort our bank recs before I left. But bit stumped.

Problem is both our bank statements seem to go to 1st April this month, vs our monthly sales report going to 31st March.
Not sure if I should just reconcile up to 31st march or till bank statement date?

Thanks

Rich

Gem7321

Does your bank statement have a running balance ie. can you identify the balance as at 31 March? Assuming your year end is 31 March I would reconcile to 31 March and then do another reconciliation for 1 April.

richf

Thanks,

They do have running balances, but year end is September?

I'm reconciling our receipts and purchases and two bank accounts and it is not adding up this month!