NetCash Reconciliations Report

OVERVIEW 

Bank reconciliations can be done daily, weekly, or monthly depending on the size of your operations and the desired timing of data visibility. This process is completed by following the steps in the NetCash Reconcile article. To see the reconciliations that have been initiated, follow the below steps:

 STEP BY STEP PROCESS - RECONCILIATIONS 

  • Navigate to NetCash > Reports > Reconciliations

  • If desired, filter by the applicable account

  • Once the desired population of reconciliations is showing, select any reconciliation to see more information

    NOT STARTED RECONCILIATIONS

By default, the Reconciliations page only shows reconciliations that have been completed. If a user wants to see a reconciliation for each NetCash Bank Account for each month, even if a reconciliation has not been started, then this can be enabled in the NetCash System Setup. The walkthrough below explains this process.

 

Click here to view the walkthrough in full screen

STEP BY STEP PROCESS - NOT STARTED RECONCILIATIONS

Navigate to NetCash > Setup > System Setup. Under the Reconciliation tab, check the box for Show Reconciliations Not Started

When turned on, this setting will display one reconciliation record per bank account for each month, even if a reconciliation has not yet been started. Enter the Monthly Reconciliation Date - this should be a day of the month. This field will specify when NetCash should create the not-started reconciliations for each month. If a reconciliation already exists on that date, no new record will be created. If this field is left blank, NetCash will default to using the last day of the month. 

The Not Started Reconciliation Accounts field allows users to specify the accounts for which they want to view not-started reconciliations. If no accounts are selected, NetCash will display reconciliations for all accounts.  


The reconciliation report now displays a reconciliation for each account, determined by the date range filter. The GL Balance, Adjusted Bank Balance, and Statement Ending Balance amounts will appear once the reconciliation process begins.







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