Use this screen to reconcile bank statements by comparing the information stored in the computer with information on the printed bank statement.

Checks that have been recorded in the software will display.

Use this screen to auto-reconcile of selected checks (by check number, date, type). Current checks are all checks with a statement date equal to the current statement date, plus any open checks.

If the reconcile checkbox is selected, then all selected checks which are not already reconciled will be reconciled. If reconcile checkbox is not selected, then all selected reconciled checks will be unreconciled. Using this window, the operator may conveniently specify check number 4001/4212 have cleared the bank during the current statement cycle. The current balance now accurately reflects the totals for all non-void checks for the current statement date and calculates a running total of all reconciled items for the statement date entered.

Reconciliation is also performed in the Accounts Payable and Cash Management modules, depending on your setup.