Bank recon newbie question

[JRHollywood]

What does the Adjusted Book Balance represent? I put in a ending balance of $0 on the statement which it was, and cleared the transactions. The Adj Book Balance though is just a weird number, I'm not sure how it's calculating what it is.

 

[JRHollywood]

Okay I figured out why. None of my deposits in the Sales module are posting to the checkbook, even though it's clicked to do so under Posting Setup/Posting. Any ideas on why it wouldn't be going to the checkbook? It's going to the GL just fine.

 

[VictoriaYudin]

The bank deposit is a separate process that you can get to by going to Transactions > Financial > Bank Deposits. Enter the date and your checkbook and all the items waiting to be deposited will show up in the scrolling list below. This allows you to group checks received together so that when you do your bank rec you see one number per total deposit, just as you do on the bank statement.

There is no way to automate this step, even if you get cash wired in or deposit one check at a time, you still have to post the bank deposit before it will show up in the checkbook and on the bank rec.

Hope that helps.