Posting Transactions to General Ledger Home | FAQs & Troubleshooting

                        

The following table illustrates what the general ledger entry looks like after the Bank Reconciliation Transaction Register is updated for transactions manually entered in Check, Deposit and Adjustment Entry.

Using bank code A, which is associated with cash account number 100-01-00:

Transaction Type	Amount	Select For G/L Posting	Distribution Account No.	General Ledger Entry
				Account No.	Debit	Credit
Check	$100	selected	Expense	Cash		$100 (decrease)
				Expense	$100
Deposit	$200	selected	Revenue	Cash	$200 (increase)
				Revenue		$200
Adjustment	$5	selected	Expense	Cash		$5 (decrease)
				Expense	$5
Adjustment	-$10	selected	Expense	Cash	$10 (increase)
				Expense		$10
Bank Charge	$15	selected	Expense	Cash		$15 (decrease)
				Expense	$15

For more information, see:

Reconcile Bank

Bank Reconciliation Report