Bank Reconciliation Compression

This form deletes records from the bank reconciliation file for the selected bank code where the Bank Reconciled? check box is selected on the Bank Reconciliations form and the transaction date is less than or equal to the date entered. This date must be earlier than the last transaction date because the highest record type Check, Wire, EFT, and Direct Deposit must remain so that the system knows the next payment number. An "Other" type record is created to maintain the balance of the deleted records.