Reconciling Bank Accounts
The following articles describe how Payment Management Statement Intelligence performs bank account reconciliations.
To | See |
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Before you start reconciling bank accounts, make sure to close all the open bank account ledger entries to let Statement Intelligence search and match only the relevant bank entries. | Starting bank account reconciliation |
Learn about how to import a bank statement and understand how Statement Intelligence handles the automatic reconciliation. | Importing and reconciling bank statements |
Apply suggested customer-, vendor-, or employee ledger entries. | Applying ledger entries |
Manually reconcile the bank statement lines that haven't been automatically reconciled. | Reconciling bank statement lines manually |
Manually match the bank statement lines with the bank account ledger entries. This can be necessary when Statement Intelligence cannot perform automatic matches or create reconciliation suggestions. | Matching bank statement lines manually |
Post accounts receivable or vendor payments created in a temporary journal by Statement Intelligence. | Managing open payments from the bank account reconciliation |
Manage amount differences during the bank account reconciliation, and validate and post the ledger entries. | Managing amount differences |
Learn about how Statement Intelligence identifies the exchange rate differences and how to manage these differences in the bank account reconciliation journal. | Reconciling exchange rate differences |
Merge bank statement lines manually or by using the Merge rule. | Merging bank statement lines |
Limit the processing time by importing a bank statement without it being reconciled by Statement Intelligence. | Importing bank statements without reconciliation |
Undo a bank account reconciliation. | Undo a bank reconciliation |