Reconciliation is a process that confirms that transactions match and that, in this case, your bank account statement matches the transaction entries within CompleteEmpire
- Click {Syndicates} > {Reconciliations} to open the Reconciliations view.
- Select the Syndicate/Fund from the drop down list.
- Select the appropriate bank account for the syndicate/fund that you are reconciling.
- Enter the bank statement date.
- Enter the bank statement balance.
- Check the tick box as you reconcile the statement with the entry recorded in CompleteEmpire.
- Click [Save Changes] when satisfied and if the account entries match the bank statement a confirmation message {Are you sure?} [Yes}/[No] is presented.
If the bank statement does not match the records recorded to the syndicate/fund account the alert message above will be presented. Seek to rectify the problem repeating the process.
- Click [Yes}/[No] to confirm the reconciliation.
- Click [Save Changes] to exit and return to
- Click [Reconciliation Report] to download a PDF report for the bank account reconciliation.
Reconciliation Report
Example of a reconciliation report generated by the system.
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