Bank Statement Close (CB191)
After you enter and release all transactions associated with a bank statement, run Bank Statement Close (CB191) to close the bank statement. This is required for cash codes that have Yes selected in the Reconciliation Statement Required field on Cash Code (CB00.2).
Processing Effect
The program evaluates cash ledger transactions associated with a specific bank statement number. If the total transaction amount is correct for the beginning and ending balances defined for the bank statement on Bank Statement (CB06.1), the program updates the transaction records with a Statement Closed status and updates the statement record with a Closed status.