How to find the cause of variances in the Reconcile Subsidiary Modules Report

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My Reconcile Subsidiary Modules with G/L report is showing variances. How to I find out what is causing them?

Answer:

The attached document will provide some guidance to finding and fixing variances.

In general, a variance will occur when:

An adjustment process was not properly initiated in the outer module
A manual journal entry was processed to fix a problem
A grant was improperly adjusted in AP and not in Grants
A grant refund didn't have the cash properly recorded or the grant wasn't adjusted
A gift revenue account was used for a non-gift or vice versa
Pledge revenue is not kept separate from Gift revenue
Journals were edited before posting ( or deleted)
The GL accounts in the report set-up are incorrect.

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