Bank Transactions – Bank Management

•      Bank Management by Account - Allows you to locate and view the records in the Bank file using several different display sequences.  The program is also used to clear bank records and to manually create bank records when required. 

•      Insert Voided Check – The Insert Voided check option is used to create a bank record for a damaged or voided check that has not been issued or processed by the system (such as a check form that was damaged or voided prior to printing).  The option  allows to create a bank record for the document without posting any activity to the general ledger.

Journal Entries - As journal entries are posted to the general ledger cash accounts, to record interest income and expense, bank charges, etc, the system allows the user to create bank records to record the transactions in the Bank file (not yet implemented).

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Clearing Bank records