Cash Management and General Ledger are out of balance
Description

These are some common causes for the Cash Management bank account and the General Ledger cash account not to balance.

To determine the exact cause of Cash Management and General Ledger being out of balance, see:

Data entry

  • You made an entry directly to the General Ledger cash account that didn't affect Cash Management. Examples:
    • Record Entries in General Ledger
    • Accounts Payable Enter invoices, you used the cash account as the Expense account
    • Enter Direct Costs in Job Cost
  • An entry with the same cash account to both the debit and credit accounts in Edit Register. This affects Cash Management without affecting General Ledger
  • Unposted entries for the cash account in the General Ledger new file
  • Bank Statement Ending Balance amount entered incorrectly

Setup issues

  • Converted balances or beginning balance entries where the amounts are different between Cash Management and General Ledger
  • You didn't finish the Bank Account in the Setup Assistant in Cash Management

Bank transfers

Voided checks

Other causes

  • Moved an entry out of the new file in General Ledger
  • An entry is missing due to an abort
  • An item cleared the bank but you didn't record and reconcile it in Cash Management
  • You deleted or changed a Cash Management entry with tax, but didn't reverse the tax amount correctly

 


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