Check Reconciliation
Check Reconciliation is used to reconcile the checks that have been cleared through your bank. It is also used to record all checks that were issued and then cancelled.
Note: The Check Reconciliation option only appears if the Reconciliation Type is set to Check Reconciliation. This field is password protected however, so if you want to change the value of the field contact your system administrator.
To open the Check Reconciliation screen, navigate to Financial Management > Accounts Payable > Check Reconciliation.
On the Check Reconciliation screen you can:
-
reconcile the checks that have been cleared through your bank
-
reverse a check or outstanding check
Screen Description
The fields appear on the Check Reconciliation screen are:
| Field | Description |
|---|---|
| Account Number | The general ledger bank account that checks have been issued from (as configured, see Special Accounts). |
| Description | A brief description of the account. |
Click an Account Number to open the Outstanding Checks screen.
Click the Check Reconciliation Month End Preliminary link to perform a preliminary check reconciliation month end.
Click the Check Reconciliation Month End link to perform a check reconciliation month end.
Click the Reverse A Check link to reverse a check.
Click the Create Positive Pay File link to create a positive pay file.
Click the Upload Check Reconciliation File link to upload a check reconciliation file.