What do I do if a check cleared the bank for a different amount than what was recorded?
You can void the check and enter it the way it was cashed if that is the adjustment you want to make. Otherwise it can be handled in the Select Bank Transaction window (Transactions-Financial-Reconcile-Transactions) by putting the cursor on the incorrect check then go to the expansion button on the payment option. In there you can enter the cleared amount, then you will have to make an adjustment in the Reconcile Bank Adjustments window to accommodate for the difference.
The company, with $37 million in revenues, maintains 165 inpatient beds and a number of outpatient programs. The agency had been operating with a UNIX-based system called CMHC (Community Mental Health Care) that is specific to the healthcare and behavioral healthcare industry. But that software’s accounting capabilities in the areas of general ledger and financial reporting were weak, and it offered no inventory management capabilities. Much of the reporting required manual processes, entering data into Excel spreadsheets.
