Difference in Closing Balance between Books and Bank for a bank account — Cloud Customer Connect
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Difference in Closing Balance between Books and Bank for a bank account

edited Feb 20, 2025 8:39AM in Payables, Payments & Cash Management 1 comment

Hi Team,

For the January period, we have noticed a discrepancy in the closing balance between our Books and the Bank. Despite not finding any unreconciled lines in both the system transactions and bank statement lines, the Books balance appears higher than the Bank balance in the report. Could you please advise on how to identify the source of this difference? Interestingly, we were able to close all the subledgers and the ledger for the January period without issues and this difference never showed up before.

Regards
Pavan

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