Bank Reconciliation > Summary tab

Alerts and notices
Leave feedback

Internal Employees: Submit feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.


Characters left:

Important reminder!

Licenses for Payroll CS, Trial Balance CS, and Write-Up CS (but not Engagement CS) permanently expired on March 1, 2017. CSA will not include 2017 tax rates or payroll forms, so, for 2017 and beyond, you will need to process payroll in another application. We recommend Accounting CS Payroll and myPay Solutions. For more information, see the following topics.

The Summary tab includes three main sections. The Statement Summary section on left contains information as it appears on the bank statement being reconciled. The sections on the right provide a summary of your reconciliation. When you advance to the next period, the program automatically updates this summary information.

The Statement Summary section is meant to mimic the bank statement that is being reconciled. It, like most bank statements, has a section for deposits and other credits, and a section for checks and debits, with the amounts in these fields corresponding to the amounts on the bank statement. The Other bank items field allows for the entry of items that are not recorded as debits or credits on the bank statement. If all bank items have been recorded in the debits and credits sections, the Other bank items field should be left blank.

You can choose to enter monthly totals for a quarterly bank reconciliation directly in the Quarterly Statement Summary dialog, and that information automatically transfers to the Summary tab of the Bank Reconciliation window.

When the amount displayed matches the cleared amount on the appropriate tab, an X appears next to the Deposits & Other Credits, Checks & Other Debits, and Other Bank Items fields

The Unreconciled amount field displays the difference between the Adjusted GL balance and the Bank balance reconciled. When the unreconciled amount is zero, an X will appear next to the field indicating that the bank account is in balance and the reconciliation is complete.

You can advance to the next period only when the account is in balance.

Top of page

Special information

The following special commands are available from the Edit menu or from the F3 or right-click context menu when the Summary tab of the Bank Reconciliation window is active.

Options

Bank Statement Import

Assign Orphan Checks

Initial Open Items

Quarterly Statement Summary

Non-recurring Adjustments

Recurring Adjustments

Rebuild Uncleared Transactions

View Prior Worksheets

Top of page

Fields & buttons

Top of page

Related topics

Bank Reconciliation Overview

Bank Reconciliation [Tasks menu]

Bank Reconciliation WalkThrough (PDF)

Top of page

Share This