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Lee

I'm hoping someone can help me as I'm definitely starting to get disheartened.


I'm opening a single-member consulting business and would like to use Odoo for my Accounting. In theory, should be pretty simple.

Step 1: Sync my Bank Account with $500.

Step 2: Debit Bank Suspense Account, Credit Capital Account for $500. 



EDIT: God, this forum is insanely buggy. I can't have two links on a post without losing half of my text? I've removed the links to Odoo's video where they don't address this at all, as well as a forum post that's similar and provided guidance for step 2.


Anyway, I cannot get the synced bank transactions to reconcile against my opening investement journal entry. Please help. I'm afraid to write more because the forum keeps deleting half of my text. 

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Lee
Autor Best Answer

The Odoo subreddit was able to help me. The issue was that the previous forum post that suggested I credit the Bank Suspense Account was incorrect. I needed to credit Outstanding Receipts and I was finally able to validate. 


That being said, I'm still struggling on how to reconcile multiple smaller bank transactions against a single journal entry. 

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