Bank Account Reconciliation

Reconciliation ensures your ERP records match your bank statements. This guide explains the reconciliation process in ERP ERP.

1. Go to the 'Accounting Module' and click on 'Bank Reconciliation.'
2. Select the bank account you want to reconcile.
3. Import the bank statement or manually enter the statement details.
4. Match the transactions in the ERP system with those in the bank statement.
5. Mark any discrepancies for further investigation.
6. Once all transactions are matched, click 'Reconcile' to complete the process.
7. Generate a reconciliation report for record-keeping and auditing purposes.

• Go to the 'Accounting Module' and click on 'Bank Reconciliation.'
• Select the bank account you want to reconcile.
• Import the bank statement or manually enter the statement details.
• Match the transactions in the ERP system with those in the bank statement.
• Mark any discrepancies for further investigation.
• Once all transactions are matched, click 'Reconcile' to complete the process.
• Generate a reconciliation report for record-keeping and auditing purposes.