This article describes the effect on the General Ledger balance and the Bank Reconciliation Checkbook balance when transactions are posted in Bank Reconciliation in Great Plains.
The following table summarizes how Bank Reconciliation transactions affect the General Ledger and the Checkbook balance.
|Transaction Type||Update Checkbook Balance||Update General Ledger|
|- with receipts||Yes||No|
|- without receipts||Yes||No|
|- to clear unused receipts||No||No|
This article was TechKnowledge Document ID:6982
Article ID: 866167 - Last Review: Dec 14, 2015 - Revision: 1