Verifying Daily G/L Activity

Screen ID:  Screen Title:  Panel Number:

ITBGLV-01 General Ledger Verification 461

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Access this screen by selecting Tool #877: Trial Balance G/L Verification.

Additional Resources

Dashboard Tips – Questions to Ask When Comparing a Dashboard with Another Dashboard or Report

When I review Tool #877 Trial Balance GL Verification, all my G/Ls are in balance, but my Loan Balances are red (out of balance) in the Quick Verify box. (My Allowance for Loan Loss are always out of balance.) How can I show that the verification is in balance without those G/Ls?

My Tool #877 (Member Trial Balance) is out of balance, and it looks like it is tied to G/L 719.00. What might cause this to be the case, and how might I correct it? 2. My Tool #877 (Member Trial Balance) is out of balance, and it looks like it is tied to G/L 719.00. What might cause this to be the case, and how might I correct it?

About this Screen

This inquiry feature compares the credit union's Member Trial Balance totals to the appropriate General Ledger accounts, making it easy to see where the two are out of balance. Assuming the proper configuration, this can replace the manual balancing between the balance sheet and the daily LGLACT report.

Use Exclude G/L (F12) to view the G/Ls that are excluded from the dashboard.  

• If you want to exclude a G/L from this screen (such as your loan loss G/L, 719.00) you can mark to exclude it in the Chart of Accounts maintenance tool for that individual amount using Exclude G/L (F23)

• For complete details on using this inquiry and associated report, refer to the Tools for General Ledger Balancing booklet.