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Created by AgExpert Support
Created on Aug 1, 2015

Disqus Agexpert Accounting Questions Archive

I am trying to prep a database for year-end, and part of that process is to reconcile ALL bank accounts, except now I can't because I have some accounts that have no transactions in the year. I have even tried entering a "dummy" transaction as we were advised to do for NIL GST returns, but that doesn't work either. Any suggestions?

  • ADMIN RESPONSE
    Feb 10, 2025

    Hey Cheryl,
    Right now you cannot reconcile an account that has had no change. If it is absolutely necessary to reconcile an account with no change yr over yr and the G/L report cannot be used instead then you will need to complete 2 dummy entries on the account. One withdrawal and one deposit, both for identical amounts and both offset against the same account. You will then have two transactions showing in your reconciliation screen that can be checked and a report to subsequently print.

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