Bank Deposits

Adding and editing bank statement items to your recon, that have not yet been posted

Adding and editing bank statement items to your recon, that have not yet been posted

The reason for adding bank statement items is:

  • To force balance the bank reconciliation
  • To add items to the bank reconciliation that have not yet been posted due to details not being known yet
  • To avoid having to capture transactions

It is best practice to:

  • Avoid capturing transactions in batches by adding bank statement items
  • Capture dummy transactions in the Bank Statement module to balance the bank reconciliation
  • To process all transactions on the bank statements in a timely matter and not leave them as unprocessed