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Jan 26, 2021 at 09:43 PM

Credit Card Reconciliation SAPB1


I have a client that is trying to use the Bank External Reconciliation for Credit Card Statements.

The Credit Card are liabilities and all the transactions are outgoing payments and AP Invoices to record deposits and payments in the Credit Card GL Account.

The problem I'm having is that the External Reconciliation is adding to the account balance the difference between the deposits and payments selected.

Is there a better way to reconcile credit card statements?