bank reconciliation presented by melissa wood. welcome if you are applying for cpe credit, please be...
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Bank Reconciliationn Process & TroubleshootingTRANSCRIPT
![Page 1: Bank Reconciliation Presented by Melissa Wood. Welcome If you are applying for CPE credit, please be sure to sign in and sign out. Please write legibly!](https://reader030.vdocuments.us/reader030/viewer/2022020301/5a4d1ad67f8b9ab059972ff3/html5/thumbnails/1.jpg)
Bank Reconciliation
Presented by Melissa Wood
![Page 2: Bank Reconciliation Presented by Melissa Wood. Welcome If you are applying for CPE credit, please be sure to sign in and sign out. Please write legibly!](https://reader030.vdocuments.us/reader030/viewer/2022020301/5a4d1ad67f8b9ab059972ff3/html5/thumbnails/2.jpg)
WelcomeIf you are applying for CPE credit, please be sure to sign in and sign out.
Please write legibly!
Additionally, fill out the survey for a chance to win a free pass to the 2017 User Conference!
![Page 3: Bank Reconciliation Presented by Melissa Wood. Welcome If you are applying for CPE credit, please be sure to sign in and sign out. Please write legibly!](https://reader030.vdocuments.us/reader030/viewer/2022020301/5a4d1ad67f8b9ab059972ff3/html5/thumbnails/3.jpg)
Bank Reconciliationn Process & Troubleshooting
![Page 4: Bank Reconciliation Presented by Melissa Wood. Welcome If you are applying for CPE credit, please be sure to sign in and sign out. Please write legibly!](https://reader030.vdocuments.us/reader030/viewer/2022020301/5a4d1ad67f8b9ab059972ff3/html5/thumbnails/4.jpg)
Bank Reconciliation
• G/L Cash Account Setup• G/L Control File• Reconcile Cash Accounts• Reconciliation-Related Reports• Troubleshooting• Reconciling Credit Card Accounts
![Page 5: Bank Reconciliation Presented by Melissa Wood. Welcome If you are applying for CPE credit, please be sure to sign in and sign out. Please write legibly!](https://reader030.vdocuments.us/reader030/viewer/2022020301/5a4d1ad67f8b9ab059972ff3/html5/thumbnails/5.jpg)
G/L Cash Account Setup
• Set Account Type to “Checking, “Savings,” or “Credit Card”
• Option to Condense on Cash Account Reconciliation
![Page 6: Bank Reconciliation Presented by Melissa Wood. Welcome If you are applying for CPE credit, please be sure to sign in and sign out. Please write legibly!](https://reader030.vdocuments.us/reader030/viewer/2022020301/5a4d1ad67f8b9ab059972ff3/html5/thumbnails/6.jpg)
Control Files
• Enable the Cash History Entry (for going live)• Cash account reconciliation options to set up
journal entry creation• Post to the holding account until the bank
deposit
![Page 7: Bank Reconciliation Presented by Melissa Wood. Welcome If you are applying for CPE credit, please be sure to sign in and sign out. Please write legibly!](https://reader030.vdocuments.us/reader030/viewer/2022020301/5a4d1ad67f8b9ab059972ff3/html5/thumbnails/7.jpg)
Reconcile Cash Accounts
• Cash account selection criteria options• Reconciliation process
![Page 8: Bank Reconciliation Presented by Melissa Wood. Welcome If you are applying for CPE credit, please be sure to sign in and sign out. Please write legibly!](https://reader030.vdocuments.us/reader030/viewer/2022020301/5a4d1ad67f8b9ab059972ff3/html5/thumbnails/8.jpg)
Bank Reconciliation – G/L Reports
• Bank Reconciliation History Report• Cash Account Reconciliation Report• G/L Check Register Report
![Page 9: Bank Reconciliation Presented by Melissa Wood. Welcome If you are applying for CPE credit, please be sure to sign in and sign out. Please write legibly!](https://reader030.vdocuments.us/reader030/viewer/2022020301/5a4d1ad67f8b9ab059972ff3/html5/thumbnails/9.jpg)
Troubleshooting
• Unable to reconcile• G/L history does not match cash history• Prior month issues
![Page 10: Bank Reconciliation Presented by Melissa Wood. Welcome If you are applying for CPE credit, please be sure to sign in and sign out. Please write legibly!](https://reader030.vdocuments.us/reader030/viewer/2022020301/5a4d1ad67f8b9ab059972ff3/html5/thumbnails/10.jpg)
Reconciling Credit Cards
• Account Type of “Credit Card”• Statement ending balance is negative• Reconciling
![Page 11: Bank Reconciliation Presented by Melissa Wood. Welcome If you are applying for CPE credit, please be sure to sign in and sign out. Please write legibly!](https://reader030.vdocuments.us/reader030/viewer/2022020301/5a4d1ad67f8b9ab059972ff3/html5/thumbnails/11.jpg)
Thanks for Attending
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Bank Reconciliation Process & Troubleshooting