Processing bank statement transactions

After you create a bank statement, you must add all bank transactions for that bank statement.

Complete these steps to process a bank statement transaction:

  1. Access Bank Statement (CB06.1).
  2. select Detail to open Bank Statement Detail Entry (CB06.2).
    Note: You can specify a Bank Statement number on Bank Transaction Adjustment (CB80.1) or Bank Tape Mass Reconciliation (CB185) to associate transactions with a bank statement. You must define the statement number on Bank Statement (CB06.1).
  3. Process bank statement transactions. Use these guidelines to specify the field values:
    Transaction Date

    Specify the date of the transaction.

    Transaction Type

    This field identifies the type of transaction that you will process.

    • Select V to process a vendor payment. You are transferred automatically to AP55.1 where you use the Add form action to create the transaction. See the information about adding manual payments in the Accounts Payable User Guide .

    • Select C to process a customer receipt. You are transferred automatically to AR30.2 where you use the Add form action to create the transaction. See the information about applying cash transactions in the Accounts Receivable User Guide.

    • Select G to process a cash transaction. You are transferred automatically to CB20.1 where you use the Add form action to create the transaction.

      Note: Use vendor payments, customer receipts, and cash transactions to record transactions found on the bank statement that do not exist as transactions in the Lawson system.

    • If you select R (Reconcile), you must select a payment number from a list of unreconciled transactions in the Payment No field. You are transferred automatically to CB80.1 where a list of unreconciled transactions for the code you selected is displayed. Use the Change form action to change the data.

      Note: Use reconcile to reconcile an existing transaction to the bank statement. After you add or change the transaction on any of these forms, close the form. You are automatically transferred back to CB06.2 where you can continue with the next transaction.
    Amount

    Specify the transaction amount.

    Pay Code

    Select the transaction code that represents the type of transaction that you will be reconciling.

    Payment Number

    If you selected R in the Transaction Type field, then select a payment number from a list of unreconciled transactions. For any other transaction type, leave this field blank and a transaction number is generated automatically.

    Vendor / Customer

    If you selected V in the Transaction Type field, you must select a vendor identification code. If you selected C in the Transaction Type field, then you must select a customer number.

    Note: The vendor must exist in the Accounts Payable application. The customer must exist in the Accounts Receivable application.
    AP Process Level

    If you selected a Vendor, then select an accounts payable process level.

    Pay Group

    (Conditional) If this is a vendor transaction, then select a pay group to process accounts payable payments.

    Remit To Location

    (Optional) You can select a user-defined code representing a vendor's remittance address.

    AR Process Level

    (Conditional) If you selected a Customer, then select an accounts receivable process level.

  4. Run Bank Statement Closing (CB191) to release the transactions.