I have a come across a couple of discrepancies in bank statements where the amount showing on the statement from the bank for an amount paid in is slightly different to what we actually paid in e.g.
6 cheques totalling £763.82 were paid in but the amount showing on the bank's atatement is £763.72.
I know that the £763.82 is correct beacuse it balances with the amounts due on the customer invoices that were settled.
I'm not sure whether it is worth chasing the bank for 10p or whether they would even pay it, so what would be the best way to deal with this?
Hi Stuart,
The simplest solution is to record a General Transaction from the 'Cheque Account' to the 'Uncategorised Expenses' account for 10p, then reconcile this transaction along with the others.
Regards,
