Upload
pmenocha8799
View
221
Download
0
Embed Size (px)
Citation preview
8/13/2019 Bank Reconciliation Complete Process
1/9
Manual Bank Reconciliation- Process
We have configured Manual bank reconciliation process for ICICI, Vapi.
Details of ICICI, Vapi account
Particular ValueCompany code 1!ouse "ank ICI#1$ccount ID C$#11Description ICICI Vapi C$%#&' (()*+ 1"ank $ccount number #&' (()*+ 1Main - $ccount #+#1 1"ank Country I/"ank 0ey ( ##( + 1"ank /ame ICICI, Vapi
ollo2ing "ank - $ccounts are used for ICICI, Vapi #+#1 1 3 ICICI,Vapi,C$%*+ 1 M$I/ bank account #+#1 111 3 ICICI,Vapi,C$%*+ 13clearing3Che4ue payment #+#1 1# 3 ICICI,Vapi,C$%*+ 13clearing3Che4ue received +& 1 1 3 "ank charges
Configuration steps for Manual bank 5tatement
5tep 16 -o to 5789
IM- 7$:!
inancial accounting 3; bank accounting 3; business transactions 3; paymenttransactions 3; manual bank statement 3; create and assign businesstransactions
ollo2ing screen appears
Click on /e2 entries
8/13/2019 Bank Reconciliation Complete Process
2/9
ill the follo2ing
Create transaction type
5tep # 6 Define 7osting 0eys and 7osting 8ules for Manual "ank 5tatement
Create account symbol
$ssign account to account symbol
Create keys for posting rules
Define posting rules
8/13/2019 Bank Reconciliation Complete Process
3/9
7osting rule screen for "111
7osting rule for "1#
8/13/2019 Bank Reconciliation Complete Process
4/9
7osting rule for "+&
/o2 2e have configured Manual "ank 8econciliation process therefore anyincoming< outgoing $mount post to the respective - $ccount. $nd 2hen 2e 2ill reconcilethe "ank then system automatically transfer all incoming and outgoing bankaccount amount to the Main "ank - $ccount.
Following are the step to follow for Manual Bank Reconciliation
Step 1 - Post incoming and outgoing invoice to the particular month
8/13/2019 Bank Reconciliation Complete Process
5/9
Customer Invoice
We can use transaction "& < V 1 ."ut for e=ample purpose 2e are using "&
>nter follo2ing parametersCustomer8eferenceInvoice date7osting date$mount- $ccount$mount in doc currency7rofit center
7ost incoming payment
8/13/2019 Bank Reconciliation Complete Process
6/9
Incoming check amount posted in this GL Account
Post out going payment
8/13/2019 Bank Reconciliation Complete Process
7/9
8/13/2019 Bank Reconciliation Complete Process
8/9
7ress enter
Click on save
/o2 run transaction 5M * for "atch input session
:o check the manual bank reconciliation result process ? /o2 you run the transaction" / for - $ccount #+#1 1 ? Main bank - $ccount /o2 here your bank statementending balance matched 2ith this - account #+#1 1 .If the balance is matched then yourreconcile is done.
8s. 1 2e haveput as bankcharges
8/13/2019 Bank Reconciliation Complete Process
9/9
!ere you see that your bank statement balance matched this bank - for bank $ccount
:hen you also again run " / transaction for incoming < outgoing bank - account forICICI, Vapi "ank
!ere you sa2 that "alance for theses - $ccount is @ero after reconciliationor - #+#1 111 Che4ue payment
or - #+#1 1# Che4ue 8eceived