Bank Acc. Reconciliation Table
Specifies if your bank account records are in agreement with other banks at the end of a specific period.
The transactions on the bank's statement must be entered on the reconciliation lines. You can fill the lines automatically by importing a file with the current bank statement. Alternatively, you can fill the lines with suggested values according to outstanding payments, which you then check and adjust to align with actual transactions on the bank statement. For more information, see How to: Fill In Bank Reconciliations.
After you post the bank reconciliation, the program creates a Bank Account Statement and inserts the ending balance of the bank account on the relevant Bank Account card. This allows you to keep track of all bank account transactions and maintain an updated file of your bank account statements in the program.
List of Fields in the Table
To see the list of fields in this table, change to the Classic view. Choose the Choose View button in the upper-right corner, and then choose Classic.
| Field | Location |
|---|---|
| Bank Account No. Field, Bank Acc. Reconciliation Table | General Ledger |
| Balance Last Statement Field, Bank Acc. Reconciliation Table | General Ledger |
| Statement Date Field, Bank Acc. Reconciliation Table | General Ledger |
| Bank Statement Field, Bank Acc. Reconciliation Table | General Ledger |
| Statement Ending Balance Field, Bank Acc. Reconciliation Table | General Ledger |
| Statement No. Field, Bank Acc. Reconciliation Table | General Ledger |
See Also
Reference
Bank Account
Bank Account Statement
Bank Acc. Reconciliation
Bank Acc. Reconciliation Line
Other Resources
How to: Fill In Bank Reconciliations
How to: Process Payments