Bank Reconciliation

 The bank reconciliation system allows you to reconcile an account defined as a bank account in the COA.   The bank reconciliation system receives postings from the cash receipts processing, accounts payables, payroll and journal entry systems. 

• View open items on one screen.
• Point and click to select cleared items.
• Report on both cleared and un-cleared items during bank reconciliation processing.
• Allows you to save work in progress and return at a later time to continue processing where you left off.
• Look up for open, cleared or voided items. 
• Adjustment utility to re-open an item, clear or void an item after the fact to correct mistakes.
• Bank account transfer utility allows moving funds easily from one bank account to the other.
• Report by range of dates for open, cleared and voided items.