bank reconciliation
1) When there are 2 entries in the bank statement matching with 1 entry in cash book:
the 1st entry in the bank statement has been auto reconciled with the cash book
how can u find the 2 nd entry, as we know only the value
can the system search for a balance value available in cash book, in the absence of the reference ?
2) Returned cheques in bank statement of 29 th April have been auto reconciled with corresponding cash book return chq entries dated 5 th May, even when the reconciliation criteria specified by us reads GL date as 29 th April
As a result the Bank reconciliation does not tally.