If you are not licensed to Cash Book but still want a way to reconcile bank statement for cash receipts, you can do so in the Cash Receipt Inquiry and Reconciliation window. When a Payment is added in the system, it is automatically marked as reconciled. This is done on the assumption that, if a payment is added in the system, then either the cash or check has been received and payment already appears in the bank statement.
In cash receipt inquiry and reconciliation window, a column called reconciled will have ticks beside new payments where the journal has not been generated yet. As part of the reconciliation step, accounts receivable staff can cross check the payments entered within a date range with the bank statement. If there are any payments that do not appear in the bank statement then the reconciled tick can be removed. This would act as a reminder that the payment hasn't been reconciled and, hence, a business process rule can be put in place to not generate the journal for those payments which haven't been reconciled.
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