Bank Reconciliations
Bank Reconciliation Process
Register each and every transaction or operation of the bank accounts in the banking module.
Suggested activity to be performed on a daily basis.
Evaluate if the registration of bank commissions and their taxes should be done as shown in the account statement, accumulated per day or CFDI entry in the Accounts Payable module.
Import the Statements of Accounts issued in the banking platform for each bank account.
Perform configuration for each of the banks, may also be required per currency.
Requires re-configuration in case of modifications of the file issued in the bank's platform.
Perform the reconciliation of the transactions or operations of the bank accounts:
The transactions pending from previous months are shown at the beginning of the reconciliation.
The manual reconciliation of transactions is performed.
Consultation and elimination of reconciliations.
Consultation and elimination of reconciliations.
It imports or registers the transactions of banking operations from the banking platforms of each bank account that the company has, being the tool for the reconciliation of the transactions registered in the banking module and those actually made in the banking institutions.
In case Novohit is installed in a hotel company and has enabled the application Register Bank Deposits to Reserve, it is possible to reconcile the deposits.