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Bank/Check Reconciliation |
  
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Bank/Check Reconciliation |
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Getting There
Bank/Check Reconciliation can be accessed from the main screen by selecting => Accounting | Bank Reconciliation.
Description
Check reconciliation allows you to reconcile checks based on what bank you have selected. Bank Statement Begining Balance, Bank Statement Ending Balance, Out of Balance $ and Escrowed Total $ will be shown based off of the current check status. Deposits and Checks that have cleared the bank or are outstanding will aslo be shown.
To Reconcile Checks follow these simple steps:
| 1. | Select what bank you want to work with. |
| 2. | Enter in your Bank Statement Ending Balance. |
| 3. | Select the Statement Closing Date. |
| 4. | Click on the Recalc button at the top of the screen, checks and deposits will be displayed for that range of information you provided. |
| 5. | Select what checks/deposits have cleared by placing check marks in the Cleared column or if everything looks in order and you wish to clear all then click on the Finished button at the top of the screen. |
Reports:
There are three options of reports.
| 1. | The Recon Totals. |
| 2. | Outstanding Chks. |
| 3. | OutStanding Deps. |
These reports will display the reconcile totals, all outstanding checks and outstanding deposits for the current bank selected.
