Cash Management Reconciliation Concepts

Cash Manager operations that directly relate to reconciling your bank statement are listed on the Reconcile menu.

Bank Statement Properties

Allows you to change the opening and closing balances of the current statement, or the statement page number. Also displays other data related to the current and previous reconciliation.

CAPITAL determines the current statement to be the oldest statement in the system for the currently open bank based on the Statement End Date.

New Bank Statement

Select to begin reconciling a new bank statement.

CAPITAL determines the next statement page number by retrieving the largest statement page number for the currently open bank and adding one.

Mark or Clear Transaction Range

Select this option to globally mark a range of transactions for inclusion on the current bank statement or globally clear (remove) transactions.

Check Statement Running Balance

Select this option to confirm that the current running balance is up-to-date. If you are the only operator on the system then the running balance will always be up-to-date. If other users are changing transactions while you are also trying to reconcile, select this option to reflect the latest balance.

It is not, of course, recommended that you try to reconcile your bank statement if other users are altering these transactions at the same time.

Consolidate Transaction Mode

Allows you to consolidate unconsolidated entries onto a single statement line, or split consolidated entries. This optional command is useful when you wish to produce a computerised version of your bank statement that lists exactly the same transactions, amounts and running balance, as your bank statement. For more information see the topic: Cash Management Consolidated Entries.

Move Transaction Mode

Allows you to swap positions of transactions on your Bank Statement. For more information see the topic: Cash Management Reconciliation Mode.