Why Is There A Difference Between the Bank Balance and Today's Balance?

Summary

When viewing my bank account in Sage Accounting, I notice a different between the primary bank balance and today's balance.

Description

When I access the Banking tab and select a bank account, I see two bank balances: Balance ($) and Today's Balance ($). These fields show different values. 

Resolution

Balance ($) includes all transactions including future dated transactions. This figure matches the balance displayed on the main Banking page.


Today's Balance ($) only includes transactions recorded as of today's date: Today's Balance should more closely correspond to your actual bank balance as this does not include future dated transactions.

Solution Properties

Solution ID
210126201110020
Last Modified Date
Wed Mar 23 14:30:51 UTC 2022
Views
0