Statement reconciliation

Statement reconciliation provides a summary view of all open bank statements and gives information on the reconciliation status.

There are four types of reconciliation:

  • Reconciliation to Forecast

  • Reconciliation to Cash Ledger

  • Reconciliation to Non Cash Ledger

  • Reconciliation to General Ledger

Note: 

Only the Reconciliation to Forecast feature utilizes the statement date in the reconciliation process.