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Former Member
Jan 28, 2009 at 11:38 AM

How to do Bank Reconciliation in SAP 2005B?



1> How to start with Bank Reconciliation in SAP Business One 2005B for the client who has moved from Legacy system say (Tally9) to SBO in the month of April 2008? Since, the unrealized and unreconciled amounts of the previous year is carried forwarded to the new financial year, there will be no availability of the previous year transactions in SAP. So, how do we deal for this situation?

2> Which Opening Balance should have been considered at the time of updating OB for the bank in SBO?

(a) Closing Bank Balance as per Tally OR

(b) Closing Bank Balance as per the Bank Statement?