In the Bank Reconciliation, there was fiels called " Type " with some options ( the option are : Bank Account Ledger Entry, Check Ledger Entry and Difference ) The question is what’s the impact if I choose the " Difference " option for that field ? Is there any ledger entries will be added to the Bank Account Ledger Entries if i choose the " Difference " option ? Thanks for the kindness help Best Regards, Agatha
This difference column is for recording erroneous entries recorded by the Bank which in effect does not belong to your account. If the entry is marked with difference you can post the reconciliation without the statement ending balance equalling the balance of the applied entries. Hope that clarifies Rohith Kamath Senior Consultant The Naviworld Group