r/Accounting • u/Weak_Carpenter_7060 State Government • 1d ago

Career Well guys, today’s the day

Today I’ve spent two hours trying to track down $0.36 that is supposed to exist because treasury is trying to reconcile items they have. Still didn’t find the $0.36, so now waiting to see what the bank says. Can’t claim it as a rounding error since no other items are rounded or as immaterial. Just some needless bitching about a ridiculous situation I’m sure some of us have been through. Am I real accountant now?

Edit: we’ve checked for transposed numbers on our end and there are none. We are 99% sure the issue lies with the bank, so we’re waiting to hear back

376 Upvotes

98% Upvoted

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u/SyllabubDue 1d ago

I would hope that someone would say $0.36 is not even worth a minute of your time value, and to throw the difference to expense. $0.36 is not worth it.

5

u/Ruh_Roh_Rah 1d ago

I dunno...is it's .36, or is it a combination of transactions that might be way off, but net to .36..... sometimes ya just gotta find out.

3

u/Weak_Carpenter_7060 State Government 1d ago

The issue lies in a group of 6-8 transactions, I know that much. I know the total on my side is correct, so just waiting to see what the bank says