Bank Reconciliation Report - Beginning Balacne
In Bank Reconciliation Report
I see Beginning Balance - Is it the bank statement balance or Bank Book balance in system
Please see below attached image,
Beginning Balance is 0.
I have cleared balance - 231,469.1
Ending is 0,
And in below details GL Bank bank balance is 120,926.14.
I am unclear what is beginning balance.
Suggestions are help full