Bank Reconciliation
Reconcile multiple bank accounts with one application. Checks and cash receipts can be cleared manually with a user-friendly point-and-click method or by importing a file provided by the depository bank.
Currently available in the Finance and Human Resources applications, the Bank Reconciliation application is here. Below is a list of updates that will be included.
Bank Reconciliation features:
- Include journal vouchers
- Merge Finance and Human Resources transactions into one reconciliation
- Add dates on cash receipts
- Drill down to individual transactions
- Make reconciliations by accounting period
- Show Human Resources bank reconciliation items on the Finance bank reconciliation
- Export reports as PDF and Excel files
- Recalculate totals on the fly without having to manually click Update Totals
- Display a preview report prior to finalizing the reconciliation process
- HR liability checks and transfers remain for reconciliation even after deleted from HR
- Options for manual or automated bank reconciliation
Bank Reconciliation reports:
- Bank Account Fund Groups (BBR0100)
- Bank Transactions (BBR0200)