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My April trust bank statement ends early, how do I reconcile?

  • 9 May 2023
  • 1 reply
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Smokeball Anonymous
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Userlevel 1

Hi,

My April trust bank statement has a closing balance of ~$22k, to the 28th of April. But some payments occurred on the weekend 29th-30th Apr, adding to the balance for ~$26k. How am I supposed to reconcile?

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Best answer by Kalina 12 May 2023, 08:11

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Kalina
Rank
Userlevel 3

Hello @Smokeball Anonymous,

You need to get a trust statement from the bank for those last few days of the month that fall on the weekend. You definitely still need to record those weekend transactions in the April reconciliation.

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