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Former Member
Feb 22, 2011 at 03:10 PM

Subledger and GL Reconciliation Account Adjustment

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Hi Everyone,

My issue is that I currently have an inconsistency between our Fixed Asset Subledger and General Ledger, and here is the scenario I have:

1. FA Subledger Entry - Profit Centre 123 has an amount of $100

2. GL Entry - Reconciliation Account 145300 has an amount of $100 - BUT no profit centre associated with it.

Therefore, the following entry is required:

Debit 145300 $100 - using profit centre 123

Credit 145300 ($100) - using no profit centre

The issue is that GL Account 145300 is a reconciliation account and cannot be directly posted to. I cant change the settings on the GL Account either as I receive message FH110 - Modifications to reconciliation account not permitted.

I basically want the FA Subledger profit centre to be reflected in the GL. I have tried searching this topic, but havent found

anything that helps.

Thanks for your help in advance!

Rob