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1. • CommentAuthorchrysilizi
   • CommentTimeDec 13th 2007

    
   cash acct=bank statement/reconciled but eom cash report off by less than $100(odd amount 31.81)
   went through all actual cash receipts/allownaces posted & matched all posting reports. where could i be off this odd amount? where else could I check or should I just journal entry the amt, to balance report to actual cash operating acct. amount??? I f so how should I do the jrnl.entry?
2. • CommentAuthorKhusro
   • CommentTimeJan 24th 2008

    
   for the time being create short/over account to post the difference
3. • CommentAuthorlbantay
   • CommentTimeJan 31st 2008

    
   Cash account per your books at EOM do not always have the same balance with the bank statement EOM. Have you considered any deposit in transit? Any withdrawals like bank charges & fees. Did you balance last month? Look at the beginning balance of your report, is it correct?
   If you have considered all the above and still can't find the difference. Record the overage or shortage. If your bank is more, debit your cash, credit Cash overage/shortage. If your bank record less cash, debit Cash Overage/Shortage then credit cash.
   Good luck.
4. • CommentAuthormanuel
   • CommentTimeMar 20th 2008

    
   force it!
5. • CommentAuthorfreetogxh
   • CommentTimeMar 28th 2008

    
   investigate further if your company doesn't have good internal control, it happened in my company,not only one person have the keys to access the cash tilt,so sometimes they advanced the cash, but nobody knew till the EOM reconciliation, u will see the troubles.Advised but nothing changed.Bad internal control.
   Just one more point for you, if not this, refer the previous comments.
6. • CommentAuthorchrysilizi
   • CommentTimeApr 8th 2008

    
   thank you- found it! forgot to rid the site of this message.