Bank Reconciliation
The Adjusted Bank Balance will change when you mark off transactions in the bank reconciliation. The GL Balance is the net value of GL transactions for the bank GL account through the date of the bank reconciliation.
Adjusted Bank Balance = Bank Statement Ending Balance
+ Deposits not on statement
+ ACH Deposits Pending not on statement
+ Direct GL Receipts not on statement
+ Incoming Transfers not on statement
- Uncashed Checks and ACH Payments not on statement
- Direct GL Payments not on statement
Amount to Reconcile = Adjusted Bank Balance - Adjusted GL Balance