Processing non-cash ledger variances

For amount differences between a bank statement line and the corresponding non-cash ledger transaction, you must post the variance amounts to the variance GL account.

  1. Select Statement Processing > Bank Statements.
  2. Open the bank statement.
  3. Click Reconcile By Statement.
  4. On the Current Selected Transactions tab, reconcile the selected transactions.
  5. On the Cash Ledger Reconciled Variances, open the variance record and update the distributions.
  6. To release the distributions, select All Actions Menu > Release Distributions.