sage bank rec

sage bank rec

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I've inherited a Sage bank rec that is out of line with the manual rec. I want to use Sage to do the bank, but I need to effectively reset it to start from now and forget the past. How can I overwrite the system generated opening balance, which it's carrying forward from the last rec. I am talking to Sage about this, but strugling a bit, so perhaps somebody has already had this problem and cracked it.

Thanks.
John Gillespie

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By johngill
29th Nov 2002 16:43

okay
Neil - you are right, the Sage end of it has got out of kilter, and the source of it is probably somewhere in the last 2 years.

There is a bank transaction required to bring Sage into line, but there will still be a difference when that's done. It's probably not the end of the world.

Vijay - I'll have a look at what you have suggested, as the error is probably connected with transactions being marked cleared when they weren't, but it does go back a bit.

Thanks to both of you for your comments

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By neileg
29th Nov 2002 12:06

How is it out of balance?
I guess you are saying that the balance on the bank control does not agree with the manual bank rec. If this is the case you need to put a bank transaction into the system to balance it up.

If you mean that the transactions that are marked as cleared in the system are wrong, I don't think you can undo this so you just have to wait till they work themselves out.

Or have I missed something?

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By AnonymousUser
29th Nov 2002 14:19

Bank Reconciliation - simplified
From what I understand, your reconciled balance on Sage is different to your reconciled balance on Manual Reci. However, the balance per Nominal Ledger is the same - so Sage bank rec,at present, does not balance. OK. Match the unreconciled transactions against manual reconciliation, which will enable you to identify either the missing unreconciled transactions on Sage screen or surplus unreconciled transaction. If it is the latter, just click on it - and if it is the former, do a search on amount or date using Maintenance, recall it and take the tick off against Bank Rec (see split screen). This will then show it on the Bank Rec screen as unreconciled - your problem solved.

Good luck.
Vijay

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