Bank Account Reconciliation
This application performs the reconciliation of the transactions of the respective bank accounts registered in the Banking module versus the transactions imported from the banking platform, showing any discrepancies that may exist.
The initial screen shows the following sections:
The initial screen shows the following sections:
Accounts in Process of Reconciliation displays the records of the periods of the bank accounts in Novohit.
Bank Account Reconciliation
To perform the bank account reconciliation process, perform the following steps:
Go to: Administration (Back Office) → Banking → Bank Reconciliations → Bank Account Reconciliations.
Indicate Information for Reconciliation: the information of the bank account to be reconciled is entered.
Bank Account Reconciliation
To perform the bank account reconciliation process, perform the following steps:
Go to: Administration (Back Office) → Banking → Bank Reconciliations → Bank Account Reconciliations.
In the Indicate data for reconciliation section, enter the following fields:
Press the Reconcile button.
Novohit automatically reconciles the transactions by amount and type of operation. Three sections will be displayed:
Bank Reconciliation: displays the transactions of Novohit's banking module and the bank reconciled, reconciled for the current month and previous months.Transactions Updated in Novohit Pending Reconciliation displays the transactions pending to be reconciled from the Banking module.
Bank Platform Transactions Pending Reconciliation displays the transactions pending reconciliation from the bank statement.
In case the reconciled transactions do not match, click on the Trash Can icon and these transactions will be moved to the Bank Platform Transactions Pending Reconciliation and Transactions Updated in Novohit Pending Reconciliation sections respectively.
View Bank Account Reconciliation
To view the reconciliation of bank accounts in process, perform the following steps:
Go to: Administration (Back Office) → Banking → Bank Reconciliations → Bank Account Reconciliation
In the Indicate data for reconciliation section, enter the following fields:
Click on the View button.
Field | Description |
# Account | Select the bank account to which the reconciliation or consultation will be made. |
Date From | Enter the date from which the reconciliation or consultation will be performed. |
Date To | Enter the date up to which the reconciliation or query will be performed. |