Manually creating bank statements

Use this procedure to manually create and maintain bank statements. After you manually create bank statements, you can also reconcile them.

Bank statements are automatically created when the bank statement import is successful. See the Financials Setup and Administration Guide.

  1. Select Bank Statements.
  2. Click Manually Create Statement.
  3. Specify the Statement Date. On a previous day bank statement, the date that is displayed is for the business day after transactions were presented to the bank.
  4. Select the cash account.
  5. On the Statement Balances tab, specify the ending balance.
  6. Click Save.

    The Currency, Statement Status, and Posting Status fields are automatically filled.

  7. To match and reconcile transactions, click one of these options:
    • Reconcile By Statement: Use for a specific statement
    • Reconcile By Account: Use for all bank statements in a bank account