brad997
21st June 2006, 08:58
Hi anybody please help,
I print out all the bank accounts to do reconciliation every month.
After year end processing, I found that all the other currencies bank account untally. These is because of the GL revaluation done for last year December based on a document on this revaluation from the printout of Finalized Transaction by Ledger Account.
The GL revaluation is done using "normal JV" transaction type.
If this revaluation is not performed then the amount in the Finalized Transaction report is tally with my bank statement.
The GL revaluation for year 2005 will also affect my current financial year (2006). Please advice how to tally it with our Bank statement? What steps need to do.
I print out all the bank accounts to do reconciliation every month.
After year end processing, I found that all the other currencies bank account untally. These is because of the GL revaluation done for last year December based on a document on this revaluation from the printout of Finalized Transaction by Ledger Account.
The GL revaluation is done using "normal JV" transaction type.
If this revaluation is not performed then the amount in the Finalized Transaction report is tally with my bank statement.
The GL revaluation for year 2005 will also affect my current financial year (2006). Please advice how to tally it with our Bank statement? What steps need to do.