UK AR reconciliation

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Hi - im trying to reconcile my cash receipts per the bank, looking at income booked in the month per the PL adding VAT, movement in AR, movement in deferred income - im getting a difference - all my pl invoices have gone through AR, and deferred journals all to tie into the PL, VAT is all correct...so im. not sure what Im missing - any thoughts? thank you!
 

kirby

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Instead of reconciling a whole month at a time, do a day by day recon. Hopefully the difference will be easier to find with a smaller amount of data.
 
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Hi - im trying to reconcile my cash receipts per the bank, looking at income booked in the month per the PL adding VAT, movement in AR, movement in deferred income - im getting a difference - all my pl invoices have gone through AR, and deferred journals all to tie into the PL, VAT is all correct...so im. not sure what Im missing - any thoughts? thank you!
You could recorded any income as expense or expense as income. I mean do you have any person/company that is both your customer and supplier? kindly checked again. If you need help to solve this problem , i can help you. thanks
 

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