[GNC] Credit card reconciliation shows wrong total

[Michael or Penny Novack]

On 4/28/2025 5:01 PM, John Ralls wrote:
> Record an adjustment transaction for the difference.
>
> I’d also have a visit with my bank branch manager along the lines of “this is a small amount and in my favor, but on principle there should be no magic changes, no matter for how small, in my balance without a corresponding transaction on the statement. This indicates a failure of this bank’s accounting controls. What are you going to do to fix it?
>
> Regards,
> John Ralls

LOL -- I once had to carry an adjustment account with a very small 
amount in it (so I could reconcile) for THREE MONTHS. That's because the 
bank officer decided that they had no policy in place for  "small error 
and the account of a 501(c)3" << should he just donate the few cents to 
us? >> So it had to get onto the agenda of a BoD meeting of the bank. 
Not to fix this one little error but to set a general policy.

Michael D Novack