Bank Reconciliation
The principal aim of Adept's Bank Reconciliation module is to
provide you with the essential tools required to reconcile your
company's bank accounts.
Payment and receipt details are seamlessly updated from the
Accounts Payable and Accounts Receivable modules, removing the need
for double entry and reducing the risk of error. Automatic updating
of details provides in-built protection against fraudulent
activities as discrepancies are highlighted instantly.
Highlights include:
- multi-company and multi-bank operations
- automatic transaction creation from bank statement import
- foreign currency capability including revaluation at
month-end
- automatic creation of periodic payment entries
- alerts for discrepancies during cheque presentation
- importing of bank statements via online interface with most
major banks