Completing a subsequent impound checkbook reconciliation

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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.

  1. From the Utilities menu, choose Impound Bank Reconciliation.
  2. In the Impound Checkbook Selection dialog, highlight the checkbook you want to reconcile and then click OK. Note that all commands and menu options in the Impound Bank Reconciliation dialog are checkbook-specific and will apply only to the Impound checkbook you select here.
  3. When the Impound Bank Reconciliation dialog opens, click the Advance to Next Statement button on the Summary tab to close the previous reconciliation and open a new one.

    Notes

    • If the Advance to Next Statement button is not accessible, then the previous statement has not been reconciled. You must make adjustments as necessary to bring the Unreconciled amount to zero.
    • When the statement is advanced, the application purges Bank Reconciliation Worksheets with statement dates two years prior to the current statement date along with all impound transactions cleared on the worksheets.
  4. After you click the Advance to Next Statement button, the Recurring Adjustments dialog opens. Add, edit, or delete any adjustments (such as bank fee charges, interest amount credits, and so forth) reflected on the current statement. Click the Yes button to proceed.
  5. In the Impound Bank Reconciliation dialog begin by verifying (and editing as necessary) the information in the Summary tab.
  6. To add a one-time adjustment that would not be recorded in normal processing, choose Non-recurring Adjustment from the F3 or right-click context menu, and then enter the applicable information about the adjustment.
  7. Click the Next button to proceed through each of the tabs in the Impound Bank Reconciliation dialog, marking the checkbox next to each item that you wish to clear. (Press CTRL+F1 for help on using the currently selected tab.)

    To clear several consecutive items at once, highlight several lines and then choose Clear from the F3 or right-click context menu.

  8. When the checkbook has been reconciled successfully, the Unreconciled amount field on the summary tab will read zero and an X will appear next to that field.
  9. After completing the reconciliation, you may print the required reports and export the GL transaction file.

See also

Reconciling an impound checkbook for the first time

Impound overview and procedures

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