Book Balance Form

The Book Balance form shows:

• The change in the book balance since you last reconciled the bank account.

  The change is explained in terms of the total deposits and withdrawals processed for the bank.

• If you use Sage 300 ERP General Ledger, it also shows the balance of the associated G/L account as of the reconciliation date. (You need security authorization for General Ledger to view this information.)

A difference between the book balance and the G/L balance may indicate that there are unposted G/L batches. To ensure that the book balance and the G/L account are reconciled, you need to create any G/L batches (unless you use the option to create them during posting), and then post the batches in General Ledger.

To open the Book Balance form, you click the Zoom () button beside the Book Balance field on the Summary tab of the Reconcile Statements form.