Bank Reconciliation

 

The Bank Reconciliation system allows the Firm to effectively track Cheque and Deposit transactions, ensuring up to date and accurate Bank Account balances and information. The Bank Reconciliation system also allows the Firm to easily identify and correct any discrepancies between Bank Statements and in-house accounting statements. Reports and routines associated with the Bank Reconciliation system include the following:

  • Journal Entries

  • Outstanding Cheque** Listing
  • Outstanding Deposits Listing

  • Returned Cheque** Entry

  • Deposits Cleared Entry
  • Bank Reconciliation

**Note: The word Check may be used instead of Cheque based on the setup of the Firm. Lighthouse provides flexibility with other terms such as Province or State, Postal Code or Zip Code.

 

© Copyright 2005 DL Fullerton Programming and Consulting Incorporated