Monday, December 12, 2011

What is ledger and available balance?

My ledger balance is lower than my available balance, My first direct deposit just came in .. but isnt my ledger suppose to be higher than my available balance?|||You're probably looking at the Current ledger balance. Your direct deposit right now is probably in your presentments waiting to be posted to your account. Since it is a direct deposit though, your memo available balance as well as your memo ledger balance should show that amount. When it is posted to your account the Current ledger will show it. Your memo ledger balance should always be the same or higher than your memo available though.

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