Check Reconciliation

The Check Reconciliation option in General Ledger is used to reconcile the appropriate cash account(s) for a specified checking account with the bank statement. With the Check Reconciliation option, the checks and automatic payment stubs that have cleared the bank can be selected or entered, along with the deposits (cash receipts) and other miscellaneous items, including manual journal entries and the total of direct deposits by type, that are included on the bank statement. Adjustments can also be made within the Check Reconciliation option if needed.