Reconciliation

LMJennings-p40 · #1

My ending reconciliation balances have been changing by large amounts the past few months. However, they always balanced, but not for November. The Finance department's phone has a message saying that the will be no reconciliation help until after February 1st.

Does anyone know of other options?

russellhltn · #2

If you're a ward clerk, you can ask the stake clerk for help.

hpaulsen · #3

If I understand your problem correctly, I had a similar problem and tracked it down to voided checks. After a check has been voided, then the reconciliation done during the month the check was written no longer balance (as well as every reconciliation thereafter). As I recall, you have to go back to the month the check was written in the reconciliations and mark it as having cleared - I think that's what I did, but I can no longer recall exactly.

SmithGW · #4

The lesson "Reconciling the Church Unit Financial Statement" has been updated to include changes made in MLS 2.7 to the onscreen process. However, the updated lesson is only available on the lds.org Web Site. Reviewing this lesson there might help.

To get to the lesson, choose Serving In The Church > Melchizedek Priesthood > Record-keeping and Auditing Training > Reconciling the Church Unit Financial Statement.

russellhltn · #5

smithgw wrote:However, the updated lesson is only available on the lds.org Web Site.

Can it be downloaded and the local unit machines updated?

LMJennings-p40 · #6

RussellHltn wrote:If you're a ward clerk, you can ask the stake clerk for help.

:(Unfortunately, I'm the stake financial clerk and the stake clerk and I haven't resolved the issue.

LMJennings-p40 · #7

RussellHltn wrote:Can it be downloaded and the local unit machines updated?

Any response? I would like to d/l the new lessons also. The d/l provided appears to be the last release.

LMJennings-p40 · #8

HPaulsen wrote:If I understand your problem correctly, I had a similar problem and tracked it down to voided checks. After a check has been voided, then the reconciliation done during the month the check was written no longer balance (as well as every reconciliation thereafter). As I recall, you have to go back to the month the check was written in the reconciliations and mark it as having cleared - I think that's what I did, but I can no longer recall exactly.

:)Thanks for your suggestion. Voided check(s) do not appear to be the problem.

Jimmer-p40 · #9

I had this issue last year when I had changed the catagories on some donations that were made to the wrong catagories earlier in the year. If you did change catagories on a donation, it will throw you out of balance until Head quarters changes it to match your MLS. You would need to make a temporary adjustment in the reconciliation of the month that you made the changes and then clear it when you see the changes made in your statement.
That might be the problem.
Hope this helps
Jim

AdrianLP-p40 · #10

LMJennings wrote:My ending reconciliation balances have been changing by large amounts the past few months. However, they always balanced, but not for November. The Finance department's phone has a message saying that the will be no reconciliation help until after February 1st.

Do you mean the past reconciliations no longer appeared balanced?
example: You reconciled in October, then in November, and when you go back to October the reconciliation is no longer without unreconciled differences?

If so, that is a known and very annoying bug. MLS doesn't seem to keep snapshots from month to month.