Financial Management > Reports

Main Menu > Financial Management > Reports > Bank Book

You get the list of Bank Ledger Accounts (under Group Bank Accounts and Bank OCC) from which you may select a Bank Ledger to see Bank Book of the selected Bank.

The first ledger account transacted in the voucher, the net amount of receipt (in Debit Column) / payment (in Credit Column) is listed. The amount of Opening & Closing Balance of the selected Bank Account and the total of Debits & Credits for the period are also shown.

Bank Book Reports Button

Bank Reconciliation

Bank reconciliation allows companies or individuals to compare their account records with the bank account balance records, to uncover any possible discrepancies.

Discrepancies may include:

•	Cheques recorded as a lesser amount than what was presented to the bank;

•	Money received but not lodged;

•	Payments taken from the bank account without the business's knowledge etc.

Since there are timing differences between when data is entered in the banks systems and when data is entered in the individual's/companies system, a normal discrepancy between account balances may occur. The goal of reconciliation is to determine if the discrepancy that occurred is due to error rather than timing.

A bank reconciliation done regularly can reduce the number of errors in an accounts system.

^S Reconcile

Use this button to open Bank Reconciliation Statement. This is not a bank book report but you can say that, it is a form by which you can compare your bank book to banker’s records, by which you can find and resolve several transaction errors. In this screen you will find every transaction which has no entry date. In entry date field you have to enter bank date, stated in the bank statement for that transaction.

Before giving entry date transactions will not reflect in account and theirs total debit and credit balance will show under Amount not reflected in Account. After giving entry date, transactions will reflect in account.

You can find the Bank reconciliation option in…

•	Bank Book Report

•	Cash Book Report

•	Ledger Report.

Reconciliation Screen Buttons

At the entry date field, enter the date of the transaction in the bank pass book.

^S Set Date	Use this button to set current date for every transaction not reflecting in the account.
-A Show All	Use this button to show all transactions either reconcile or not.
-S Save	Use this button to save any changes made.
-O Opt Voucher	Use this button to open Reconciliation Option.
^P Print	Use this button to print Bank Reconciliation Statement.
-V Preview Dgn	Use this button to open preview designer for Bank Reconciliation Statement.

Bank Reconciliation Option

Allow Back Date Reconciliation	Set Yes to allow back date reconciliation.
Format Files	Select format file from list and set that for reconciliation print preview.
Show Narration	Set Yes to show narration field in Reconciliation Screen.
Report as per Entry Date	Set Yes to show statement as per entry date.