Bank Reconciliation

eDeneb Bank Reconciliation Module

With Sample Reports and Screens

The Bank Reconciliation module is the collection and reporting facility for all cash assets. Multiple accounts are maintained simultaneously to create a Virtual Checkbook or Bank Book. Checks written from Accounts Payable or Payroll are posted to this module in an un-cleared status, as are cash receipts from Accounts Receivable.

Within this module, funds can be transferred from one account to another, creating a record of on-line transactions. With one stroke, checks that have cleared the bank are recorded, creating an accurate Bank Reconciliation report in minutes instead of hours. Current balances for all accounts are reported for review on a single screen.

Bank Reconciliation Benefits
  • The virtual checkbook reduces the time spent balancing monthly bank statements.
  • On-demand bank balance "snap-shots" improves the utilization of cash assets.
  • Bank balance reconciliation with General Ledger verifies the accuracy of the company's financial position.
  • Bank Reconciliation integrates with Accounts Payable, Accounts Receivable, and Payroll.
Bank Reconciliation Screen Samples
Bank Reconciliation Report Samples

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