Reconciliation

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Bank Reconciliation

             Use this sub-module to reconcile  Bank to Bank transactions that are unmatched.

To access this window, click: Accounts Module - > Operations - > Bank To Bank - > Reconciliation.

          The following screen will open up : 

 Bank To Bank Reconciliation Fig 1.

     Identify the transaction to be reconciled; 

            Click on the reconciliation icon 

against it :

 Bank To Bank Reconciliation Fig 2.

     On the above screen, 

Click on the look up 

icon to select Bank 

 Bank To Bank Reconciliation Fig 3 

Select Between Customer or G/L Account to be apportioned to

 Bank To Bank Reconciliation Fig  4

Apportioning to a Customer:

The section will update to display fields as shown below;

 Bank To Bank Reconciliation Fig  5

Click on  the Lookup Icon

 to select Customer, Full Account Number of the selected customer

Enter Amount  to be apportioned to the account.

Component:

 Bank To Bank Reconciliation Fig  6

• Aggregate - Choose Aggregate on Loan accounts for the system to distribute  Amount based on Standing Order 
• Interest - Choose Interest for amount to go to Interest
• Principle -  Choose Principle for amount to go to Principle.

Click on the lookup icon 

to select  Loan repayment Mode.

Provide appropriate Remarks

Click on 

to add the apportionment entry

Apportioning to a G/L Account:

The section will update to display fields as shown below;

 Bank To Bank Reconciliation Fig 7

Click on the lookup icon 

to select  G/L Account. 

Amount enter amount to be apportioned to G/L Account

select appropriate component and provide Remarks

Click on 

to add the apportionment entry

NOTE: Ensure that there is no shortage (as shown in the figure Below) after apportioning the total amount to selected accounts 

 Bank To Bank Reconciliation Fig 8

otherwise the following Error will pop up:

On successful completion you will get a pop up message confirming that the operation was successful.

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