BANK
RECONCILIATION
The KSI Bank Reconciliation system takes away
the problem of manually matching cancelled checks to the actual checks issued. The KSI
Accounts Payable and Payroll systems feed the check information to the Bank Reconciliation
system. Then the operator enters only the cancelled checks, deposits and bank charges. The
system flags checks and deposits that clear for an amount differing from the original
amount, performs the reconciliation and purges the paid items, leaving only the
outstanding checks.
Whether dealing with multiple companies or
multiple banks, the KSI Bank Reconciliation can reduce time spent in unprofitable searches
and serve as a reminder of unrecorded deposits, charges, drafts and NSF checks, as well as
signal discrepancies.
Features:
- Password Protection
- Multiple Companies/Multiple Banks
- Checks and deposits can be entered in any sequence
- Cancelled checks can be easily entered by either keying the
ranges of check numbers or by entering each check separately.
- Record deposits, bank charges, NSF checks, drafts
- Interfaces with KSI Accounts Payable
system
- Interfaces with KSI Payroll system
Reports Include:
- Errors and Outstanding Items
- Transaction Lists
- Bank Reconciliation
