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• # 54982
• Sun 06 Mar 2011 06:17 PM

Hi
Can anyone explain what to do if you find an error of original entry in the cash book at the end of the month when reconciling the bank statement?  Should you adjust for the difference or enter a contra entry for the error and then enter the correct amount?  Or should this be entered in the journal?
 Thx

• linx
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• # 54983
• Sun 06 Mar 2011 08:05 PM

Hi , If you can adjust the original entry in the cash book so that it shows the corrrect amount. If not make a note on the reconciliation & remember to adjust it in the following month.

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• # 55024
• Wed 09 Mar 2011 08:27 AM

Hi Steve
Thanks for your reply. I wasn't sure if it was ok just to alter the cash book but will do as you suggest.
Cheers

• linx
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