Bank Reconciliation

[mbevon]

Hii all

I'm doing a bank reconciliation statement, the problem is- payroll is journalise as grand total, how do i account for a outstanding check at the end of the month?

thank you

[P Brusch]

My suggestion would be to enter the "net checks" line of your journal entry to a different account from cash. A current liability account called Accrued Payroll would be one good choice. Then enter checks for each employee that debit this account. The individual checks will then show up for bank reconciliation.