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Maik Schroeer

Good day,

I am looking for some clarification on Bank Reconciliation; I believe I must have the concept wrong somehow.

I want to understand how I can reconcile the bank statement with the journal entries for a simple interest-free employee loan.

My Journal Entry for employee loan:


Debit to 'Loans Receivable account' 10000

Credit to 'Bank' 10000


I am using Odoo 10 CE with manual bank reconciliation.

When I add a new corresponding bank statement with -10000, the recon does the opposite of what I want: 

https://pasteboard.co/GN9KBem.png


What concept did I get wrong here? How do I keep my bank account in sync? I have otherwise no problems reconciling invoices and vendor bills.

Thank you!

Maik

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Khashayar Dadashzadeh

can you explain when do you want to issue this entry?

Is it for giving the loan or is it for getting back the money?

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Maik Schroeer
Author Best Answer

I found my own answer. I did not even realise that I don't need to first create a journal entry, then do bank recon. I can simply create the journal entry as part of the bank recon itself. Sorry for the trouble here, but at least I hope this answer might help someone. 

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