Entering Check Reconciliation transactions in General Ledger

Use General Ledger to enter Check Reconciliation transactions that must update both GL and CR. These transactions include interest earned, service charges, and bank transfers. If these transactions are posted in CR Check Center Entry only, General Ledger accounts are not updated. Before posting these transactions in GL, the Interface to Check Reconciliation from General Ledger option in SA Administrator Options-Financials-Check Reconciliation must be selected.

  1. Select General Ledger > Entry > Transaction.
  2. Create the CR transaction.
    See Entering and maintaining General Ledger transactions.
  3. Select the CR transaction and click Edit.
  4. In the Check Reconciliation section, click Show More to view the entry fields.
  5. Specify these values:
    Bank
    Specify the bank.
    Cleared
    Select Yes or No to indicate if this transaction has cleared the bank.
    Type
    Select the CR transaction type. If you selected a debit transaction type in GL Transaction Entry, only adjustment, deposit, or interest types are available. If you selected a credit transaction type, only check, charge or adjustment types are available.
    Check #
    Specify the check number, if applicable to the transaction type.
  6. Click Save.
  7. Complete your entries in GL Transaction Entry and update.
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