EVENT Software™ Bank Reconciliation verifies the cheques and deposits processed through other EVENT modules against your Bank Statements. Adjustments that appear on the Bank Statement such as interest or debt charges can also be posted through this module and a reconciliation report produced that is compared to the General Ledger. Differences are immediately apparent and can be corrected.
Accounting work is simplified by the use of many helpful features found in Bank Reconciliation and often the reconciliation chore can be greatly reduced in time. Like all EVENT modules, Bank Reconciliation is designed to be both effective and efficient.
Benefits of using EVENT Software™ Bank Reconciliation
Post cash deposits when Accounts Receivable has not been installed, for accurate control and audit purposes.
Reduce bank reconciliation time greatly by using "one stop" posting for all adjustments, cheques, and deposits.
Increase financial control without additional effort since EVENT Bank Reconciliation is fully integrated with all applicable modules such as Canadian Payroll, Accounts Payable, Front Counter, Order Entry, Customer Invoicing, and the General Ledger. If a cheque is written or deposit made, Bank Reconciliation will automatically be aware and ready to assist when the cheques
Bank Reconciliation Features
- Window Lookup
- Keyword Search