Discussions

Check out Oracle NetSuite upcoming events and conferences here
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
Expand your NetSuite knowledge by joining our Ask A Guru Live sessions. RSVP on this event now.
Discover NetSuite's potential! Join our webinars, learn from experts, and optimize your operations. Whether you're experienced or new, secure your spot today and stay ahead in NetSuite!
Share with colleagues and friends who could benefit from our webinars too!

Bank Reconciliation Reports are showing wrong sign for the reconciled amounts > causing Difference.

edited Sep 14, 2023 9:07AM in Ask A Guru 3 comments

I’ve noticed there’s an issue with the Reconciliation Summary screen in NetSuite which is affecting some of the bank accounts. If we look at GL 200003 for example, when I have gone back and re-reconciled the account for December 2022, there were 2 receipts and then one suppler payment with a net income of £28,245.58. This matches the 31/12/2022 bank statement and you can see on the reconciliation screen that this reconciles with no difference as expected: 

However, once I submit the reconciliation and then go back to the Reconciliation Summary screen to review it, it seems to be showing the transactions through the account with the opposite parity than they should have, and therefore showing a difference on the rec because the balances are summing rather than netting off as they should: 

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!

Leaderboard

Community Whiz

Quarter 1 (Jan-Mar 2024)

This Week's Leaders

This Month's Leaders

All Time Leaders