RECONCILING THE BANK RECONCILIATION

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  • Tat
    Full Member
    • Jan 2014
    • 31

    #1

    RECONCILING THE BANK RECONCILIATION

    Hie,

    How do i reconcile the bank balance when we are using one cashbook, and we had cash in hand which is appearing as the difference on the pastel bank reconciliation. Is it possible for me to adjust the reconciliation?
  • Mike C
    Diamond Member

    • Apr 2012
    • 2891

    #2
    Perhaps you should have brought the Cash In Hand into your books as a "take-on" balance for Petty Cash.
    No act of kindness, no matter how small, is ever wasted. - Aesop "The Lion and the Mouse"

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