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M
mgmorris
June 17, 2019
Question

CAPITAL RECONCILIATION IS OFF BY $3

  • June 17, 2019
  • 1 reply
  • 0 views

The capital balance in TT is $3 less than what is showing in QBO.  What entry do I need to make for the rounding issue?

    1 reply

    A
    Anonymous_
    Employee
    June 17, 2019
    @mgmorris wrote:

    The capital balance in TT is $3 less than what is showing in QBO.  What entry do I need to make for the rounding issue?

    Although not technically correct, you could add a line (Other in Step-by-Step) that simply reads "Rounding error adjustment" and the amount ($3) so that error the program throws off is eliminated.

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