I have an issue with an incorrect beginning bank balance.
The bank was previously correctly reconciled up to June 30, 2019. During the July 31, 2019 reconciliation, the beginning balance was out by $7467.30 due to a journal entry being deleted. On top of that, whoever completed the July 31, 2019 rec entered the beginning balance of the statement into the ending balance of statement.
I have gone an undone the July and the June 2019 reconciliations but my beginning balance is still out and the amount it is out by is $97,454.48.
Can someone provide some insight on how to correct the bank balance to correctly reconcile moving forward?