Bank Reconciliation Bank Transaction Reports

The Bank Transaction Reports is a set of reports that provide detailed information on the transactions recorded in the Bank Reconciliation (BR) module only. These reports are useful for reconciling your bank accounts and provide a necessary audit trail. Each of these reports is especially designed to provide several options so you can narrow down data to the specific information needed. Each report is also presented in various report formats.

Read the information below to get a closer look at each of the Bank Transaction Reports available in AccountMate.

Unverified Receipt Report

The Unverified Receipt Report provides detailed information about deposit and other receipt transactions recorded using the Record Deposit/Other Receipts function in the BR module that are not marked as cleared or received in the bank. This report shows the transaction code, transaction date, description, bank account and receipt amount. You can generate this report to help you in creating a forecast of your cash balance by adding all the total unverified deposit amounts that will be credited to the bank account in the future; thereby, you can effectively manage your cash transactions. This report also serves as a guide in reconciling receipts.

You can generate this report for BR deposits only, other BR receipts only, or all BR receipts. You can also select to include GL distribution in this report.

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Verified Receipt Report

The Verified Receipt Report provides information on the details of deposits and other receipt transactions recorded using the Record Deposit/Other Receipts function that are marked as cleared using the Reconcile Bank Account function. It shows the bank name, transaction date, verification date, description and receipt amount. This report is useful for verifying the actual clearing date of these receipts by the bank. By properly timing the clearing of deposits in the bank accounts, you can better manage your cash disbursements or issuance of checks. This report also serves as a reference in reconciling receipts.

You can generate this report for BR deposits only, other BR receipts only, or all BR receipts. You can also select to include GL distribution in this report.

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Outstanding Disbursement Report

The Outstanding Disbursement Report provides detailed information about disbursements and checks recorded using the Record Checks/Other Disbursements function, but are not yet marked as cleared in the system. This report shows the transaction date, description, reference, and disbursement amount. This report is useful for verifying the accuracy of cleared disbursements and checks that are still showing up as outstanding in the system. This report also serves as reference in reconciling disbursements.

You can generate this report for BR checks only, other BR disbursements only, or all BR disbursements. You can also select to include GL distribution in this report.

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Cancelled Disbursement Report

The Cancelled Disbursement Report provides detailed information about cleared disbursements and check recorded in the Record Checks/Other Disbursements function. It displays in the report the bank name, transaction date, cancelled date, description, reference, and disbursement amount. This report is useful for verifying the accuracy of disbursements and checks in the system that actually cleared the bank. This report also serves as a guide in reconciling disbursement transactions.

You can generate this report for BR checks only, other BR disbursements only, or all BR disbursements. You can also select to include GL distribution in this report.

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BR Transaction Listing

The BR Transaction Listing provides detailed information about transactions recorded in the Bank Reconciliation module only. These transactions include deposits, checks, bank transfers, other receipts, and other disbursements which are recorded using the BR module whether they have been marked cancelled or verified. This report is useful for verifying the accuracy of bank transactions recorded in AccountMate, and serves as reference in reconciling bank accounts.

You can generate this report for check/disbursement transactions only, deposit/receipt transactions only, transfer transactions only or all transactions.

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