How do I correct my credit card reconcilliation for the first time when it is off by the HST of the previous bill payment?
I recently started to enter all of the transactions of a credit card that had not previously been reconciled. It was only ever entered as a bill and paid as a bill. This is the first time I received my statement that I am trying to reconcile. When opening up the reconciliation function, my previous bill amount is there. It matches my statement as being the previously paid amount. When I open it up to account for all of the transactions, only the subtotal shows in the payments/credits. My reconciliation is off by the HST amount. How do I correct this?