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This guide has been reviewed against our global client base and classed as relevant to the following regions: UK, APAC, UAE

The Bank Reconciliation screen displays all items that have been receipted previously, with Statement Items on the left displaying details of the statement and Transactions on the right showing the items to be reconciled.

From the main menu, click Lettings/Rentals, select Daily Accounts Processes and select Bank Reconciliation option:

1. Bank Reconciliation screen

To speed up the reconciliation process, all items that match with the statement are automatically ticked, meaning that the un-ticked items cannot be reconciled at this time as they do not appear on the statement
By the end of each day, all All items on the left should be reconciled; items on the right may be un-reconciled , but only money out (cheques not cashed, BACS/ABA payment not cleared)as the payment is still waiting to leave the bank
To process the selected entries, click Post (bottom right of screen)

2. Produce as an Excel spreadsheet

Click Print (bottom right of screen)
Click Yes to include un-reconciled entries then select Excel Export and click Accept

An example spreadsheet is shown on the right
This report cannot be reproduced
Before closing the spreadsheet, it should be saved locally

Close Excel and exit the Bank Reconciliation screen

3. Client/Trust Account Reconciliation

From Lettings/Rentals option on the main menu:

Click Client/Trust Account Reconciliation

An example spreadsheet is shown on the right
Both the Balance and Statement Balance (shown at the bottom of the screen) should match

This figure should also match the physical bank statement
This report is not automatically saved
Before closing the spreadsheet, it should be saved locally

Versions Compared

Old Version 1

New Version 2

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