Reconciliation Variance Adjustment (CB30.1)
Use Reconciliation Variance Adjustment (CB30.1) to adjust bank account transactions that have a reconciled amount higher or lower than the issued amount beyond the accepted tolerance defined for the company-cash code relationship on Company-Cash Code Relationships (CB00.3). You can adjust transactions you enter on Bank Transaction Entry (CB20.1), Bank Transaction Adjustment (CB80.1), and Bank Tape Mass Reconciliation (CB185).
More Information
To override the default reference or description for a transaction adjustment distribution, click the More button to open the Distribution Options subform. To assign tax information to a transaction adjustment distribution, click the Tax button to open the Tax subform.
After you enter transaction adjustments, use this form to release the transaction to update the bank account balance. Make sure the distribution amount equals the transaction amount.