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This guide has been reviewed against our global client base and classed as relevant to all regions

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

Estate

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1. Access option from main menu & select client account

From the main menu:

Click

Block
Select Daily Accounts Processes
Click Bank Reconciliation
Select the appropriate client account from the list and click Accept

2. Bank reconciliation screen

When opening the bank reconciliation screen, you are presented with two lists of transactions, split into different sections of the screen

The right-hand side represents transactions within the system and the left shows your bank account

This process is done to mark payments as cleared and reconciled before funds can be processed out of the system
Selecting an item on one side of the screen will highlight the corresponding item on the other side, making it clear what matches
With receipted payments, it is likely that they will already be ticked
Payments going out, shown as negative amounts on the bank statement items list, will not be ticked by default as you need to check the values are as expected (and match on both sides), before posting

Tip
Balance brought forward (Balance B/fwd) and the Reconciled Balance as well as total debits, credits and the grand totals are shown at the bottom left of the screen

3. Post entries

To process the selected entries, click Post (bottom right of screen)
Green ticks will be displayed next to the reconciled items

Click OK

4. Produce reconciliation report (export to Excel)

A reconciliation report should then be generated and saved for future reference - this allows transactions to be tracked to the last point everything was correctly reconciled