Who this is for, and the moment
The pack lands on WD8 marked FINAL. The board meets Thursday. That leaves you one evening to find the line somebody will challenge, and the only way to be sure of a figure is to open the file behind it. Usually several files. This page is that evening with the opening already done.
The question, as typed
“Does the cash in the May pack tie to the bank?”
The answer
GroundedYes, the May pack cash ties to the bank reconciliation arithmetically, but I need a reviewer decision on one stale item before I can mark the bank rec fully complete.
Reconciliation check:
Bank statement close: £9,882,613.23 per the May operating account statement 40
Less unpresented payments from the May bank rec:
- Cheque 004182 — Airedale Window Cleaning: £1,850.00, still outstanding at 12 Jun 14
- Expense claims batch: £23,412.77, cleared 1 Jun 14
- Supplier payment run: £1,191,437.29, cleared 1 Jun 14
Add uncleared lodgements:
- Customer remittances in transit: £161,309.55, cleared 1 Jun 1
- Card settlements: £84,166.20, cleared 1–2 Jun 1
Calculator check:
That agrees to the cashbook closing balance of £8,911,388.92 1, independently shown in the May cashbook extract as the closing balance c/f 19. It also rounds to the May Monthly Reporting Pack cash figure of £8,911k on the Balance Sheet basis 1.
Verdict: arithmetic TIES to the May pack, at £’000 rounding.
Checkpoint: Cheque 004182 for Airedale Window Cleaning is still outstanding and flagged as stale/review-required 14. Please choose: chase, reissue, or write back per policy. I’ve written the verification note to deliverables/bank-rec-verification-May-26.md with the decision pending.
Yes. The May-26 statement closes at £9,882,613.23. After three unpresented payments and two uncleared lodgements it reconciles to the cashbook balance of £8,911,388.92, which rounds to the pack’s cash figure of £8,911k. One item needs a decision: cheque 004182, £1,850 to Airedale Window Cleaning, issued 14 April, still outstanding. Chips: Bank Statement May-26 · Cashbook Extract May-26 · Bank Reconciliation May-26 · Monthly Reporting Pack May-26, Summary.
The citation clicked
The pack opens on the cash line with the cell highlighted, so you can read £8,911k off the sheet yourself rather than take the answer’s word for it. Click the statement chip and the PDF opens on the closing balance.
The trust chain
The strip shows where each piece came from. The closing balance is cited to the statement. The three unpresented payments and two uncleared lodgements are each cited to the rec. The arithmetic ran in the calculator, not in the model: 9,882,613.23 less 1,216,700.06 plus 245,475.75 equals 8,911,388.92, which rounds to 8,911k. The guard passed with every figure traced to a source.
What to notice
- The verdict names the one stale item instead of burying it in “reconciles”.
- The rounding step is on screen. I made that visible on purpose: a figure in thousands and a figure to the penny stay two numbers until the step between them is shown.
- Nothing here came from a summary. The tool read four documents to answer one line.
Follow-ups that work from the same screen
Under the Delegation of Authority policy, manual journals of £50,000 or more require Financial Controller approval; the same rule says all manual journals are FC-approved at WD5. 65
In the May-26 GL Detail Extract, I found four manual journal (Source = JN) rows. Only one is large enough to meet the FC approval threshold:
| FC approval? | Journal | Posting date | Account / cost centre | Description | Amount | Entered by |
|---|---|---|---|---|---|---|
| Yes | JNL-508295 | 2026-06-10 | 7120 Carrier & freight charges / CC-10 Warehouse & Logistics | Accrual — Ridgway Freight May invoice (received after ledger cut) | £285,000 | J. Whitfield 20665 |
The other May-26 manual journals I found were below the approval threshold, so they did not require approval on size alone:
| Journal | Amount | Source |
|---|---|---|
| JNL-508491 | £20,188 | 207 |
| JNL-508615 | £6,897 | 208 |
| JNL-508652 | £21,088 | 209 |
System cross-check: I attempted to query the ERP approval status, but the Caldergate ERP connection was not running, so I could not verify whether an approval was recorded in-system.
“Which reconciling items were outstanding, and when did each clear?” “Under the delegation of authority, which May journals needed Financial Controller approval?” One: JNL-508295, £285,000, the Ridgway Freight accrual.
Video
Clip from the Caldergate walkthrough where the cash line is opened.
Related
Use cases: Run the close · Which version is real · The audit trail.
Posts: The $2.1 million that was only in one of your reports · The Board Pack Test.