Bank System Daily Procedures
This section describes the procedures that should be followed on a daily basis when processing bank transactions. It lists the steps that must be performed in order to complete the described tasks and it also identifies the programs that are used when performing them. This section also describes how to recover from the most common operator and other errors which may be experienced during bank transaction processing. This section does not describe how to use each program in detail. For a more detailed description of the procedures used in each of the programs, please refer to the Program section of the documentation.
Note: This document assumes that the Bank System has already been properly installed and configured as described in the Bank System Configuration Guide. No accounts receivable, accounts payable or bank processing should be performed until the user has completed the steps described in that document. This document also assumes that the vendor records, payment terms, general ledger accounts, and other information used by the Bank System have been properly set up in the appropriate files. It is strongly recommended that the operator read the Bank System Application Overview to gain a better understanding of how the Bank system works and how it integrates with the other modules in the system before beginning to process any of the listed transactions.
More:
Viewing Bank Transactions and Activity
Creating Accounts Payable Payment
Transactions
Creating Accounts Receivable Deposit
Transactions
Clearing Local Currency Transactions
Clearing Foreign Currency Transactions
Voiding or Removing AP Checks and Wire
Transfers
Voiding or Reversing AR Payments