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.
Related Articles
Bank Account Reconciliation Elimination
When you need to delete the reconciliation of the transactions of the respective registered bank accounts, perform the following steps: Go to: Administration → Banking → Bank Reconciliations → Bank Account Reconciliation In the Indicate Information ...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 ...Register Bank Account Statement
This application allows you to register, modify, delete and search for operations of the imported bank statement, for this you must perform the following steps: Go to: Administration (Back Office) → Banking → Bank Reconciliations → Register Bank ...Results of Bank Account Reconciliation
This report shows the reconciled and pending reconciliation information for the selected month. The report can be viewed on screen, saved to PDF or sent to Excel. To generate the report, perform the following steps: Go to Administration (Back Office) ...Bank Reports
This application allows you to generate reports of the transactions of bank accounts used by the company. The reports can be viewed on screen, printed, saved in PDF or Excel. When PDF reports are issued, you can drill down into the report by showing ...