Exchequer Bank Recs Issue

Exchequer Bank Rec

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Dear All

I am new to this forum. I am having wierd issues with the Exchequer Bank Opening balances. We closed the year 31.10.2016 and documented everything and all the closing balances were spot on. However wehn we went to do the recs in November the entrie bank's opening balances have chnaged.

I have gone ahead and printed all the bank GLs and cross checked to see if there in anything that should or not have cleared by complaring with the bank statements. Everything seems to check out!!!!!

Would someone be able to kindly advise me on this.

Thank you all for your support

Kind regards

H

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paddle steamer
By DJKL
02nd Dec 2016 15:31

Do not know the system but my past experience of accounting software that experiences these types of issues has usually been found to be caused by the dating of transactions and the "locking", or rather lack of "locking" of the earlier period . (period end)

Could transactions entered post the close down have been dated pre the closedown and entered into the system for the earlier period due to their date?

Only posting because nobody else has, your best bet may be checking with support at the software provider.

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