Canada Bank reconciliations


Joined
Aug 9, 2022
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Hi

We have two withdrawals on the bank statement (ending July 23) that appear on July 21st but in our accounting system these transactions don’t show up till July 25th. Do you this it’s best to void these two transactions that are dated 25th in our accounting system and repost them for July 21st?
 
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Joined
May 27, 2022
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Why would you do that? You can just make an accrual entry to reconcile the Cash account to the bank statement.

Here's a video on how to do it:
 

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