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Steps to reconcile bank statement with no activity in Bank Reconciliation using Microsoft Dynamics GP


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Symptoms

This article describes the steps to reconcile a bank statement with no activity in Bank Reconciliation using Microsoft Dynamics GP. When you click Reconcile, you receive the following message because there are no items to mark in the window:

Enter or select the items you want to reconcile.


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Cause

The reconcile option needs to have activity in order to process the reconcile.

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Resolution

Follow one of these resolutions to resolve this problem:



Resolution 1 - Enter offsetting adjustments to trick the system into having activity for this month as follows:

1. Enter the cutoff date in the Reconcile Bank Statements window. 

2. Click Transactions button.

3. Click the Adjustments button.

4. Enter two adjustments in the Reconcile Bank Adjustments window for $.01 that offset each other. Enter one as an Interest Income and the other as an Other Expense for $.01 each and hit the same GL account. Click OK. (These will not post to GL since it is a zero dollar transaction.)

5. Click Reconcile. The process should now run and update the Last reconciled date for the checkbook.



Resolution 2 - Update the displayed date directly in the SQL table.

Go into SQL Server Management Studio and manually run a script to update the LAST_RECONCILED_DATE field in the Checkbook Master (CM00100) table for that checkbook ID.

update CM00100 set Last_Reconciled_Date = '2011-09-30' where CHEKBKID = 'XX'
(Change the date as appropriate in the script above and replace the XX placeholder with the checkbook ID before executing against the company database.)

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Keywords: kbmbspartner, kbmbsmigrate, kbsurveynew, kb

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Article Info
Article ID : 2621512
Revision : 1
Created on : 1/7/2017
Published on : 9/23/2011
Exists online : False
Views : 172