Banking/Reconciliation

Summary

Banking module icon The Banking/Reconciliation module imports statement information from online banking, and makes it available for reconciliation against ledger entries or pending entries. At its simplest, reconciliation can be done manually, but there is also an intelligent reconciliation mode, which uses a set of rules to determine how to handle each item. For example, matching up cheque numbers, matching up the bank’s e-banking identifiers, or even recognizing and auto-posting items such as interest and charges.

Interface components are available for RBSi eQ and Barclays ICeB. Interface components for other electronic banking systems will be added at regular intervals according to demand.

N.B. This is an Option Pack module.

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