TRAVERSE Global v11.1

Reconciliation Report

After the transactions that have cleared a bank account for the most recent bank statement have been tagged, produce the Reconciliation Report to check for errors and omissions, to verify the bank statement balance and bank account balance are reconciled, and to use as an audit trail of the cleared entries.

The Reconciliation Report lists the items that are tagged as cleared. It contains three sections:

  • The Cleared Transactions section shows a summary of each transaction that has cleared.
  • The Outstanding Transactions section shows a summary of each outstanding transaction, and is organized by transaction type.
  • The Reconciliation section consists of bank-to-book reconciliation and book-to-bank reconciliation.
ClosedCompiling the Reconciliation Report
  1. Select the bank account ID to include in the report from the Bank Account ID field.
  2. Select a range of transaction dates by selecting the Transaction Date option and selecting a date range from the From and Thru fields or select a fiscal period and year by selecting the Fiscal Period/Year option and entering the period and year in the respectable fields.
  3. Select the amount of detail to include in the report from the View section.
  4. Select the type of information to include in the report from the Select section.
  5. Select how to sort report's information from the Sort By section.
  6. Select, if applicable, the Include unposted GL journal entries in balance check box to include unposted GL entries in the report.
  7. Select, if applicable, the Banded Rows check box to highlight alternating lines on the report to make the report easier to read.
    Note: Use the System Manager Print Preferences function to define the default setting for this check box. You can then override this default when you print the report.
  8. Click a command button to
    9. Click To
    Print Process the Reconciliation Report.
    Output Output the report as a PDF.
    Send Save the report as a PDF and attach it to an email using your default mail program.
    Preview View a preview of the Reconciliation Report.
    Reset Set all fields to their default values.