Bank Reconciliation

CYMA Bank Reconciliation

Fast and easy reconciliation of company bank accounts is an important part of any accounting system. The CYMA Bank Reconciliation system simplifies this task by providing an easy to use, yet sophisticated set of tools to review and adjust all transactions affecting bank accounts.

CYMA Bank Reconciliation allows you to easily retrieve checking account related transactions from Accounts Payable, Accounts Receivable, Payroll and General Ledger modules across multiple companies, mark cleared transactions and make adjusting entries if necessary.

A sophisticated set of reconciliation reports coupled with the ability to reproduce past bank reconciliation information on demand make the CYMA Bank Reconciliation system a valuable tool for any business.

Bank Reconciliation Module features:

• Supports unlimited bank accounts, records and contacts
• Supports Multiple Accounts Payable, Accounts Receivable and Payroll modules for a single company
• Ability to download QFX or QFI files downloaded from banks to automatically clear checks.
• Supports multiple companies or divisions posting to a single General Ledger
• Integrated Bank Register for Cash Management
• Over 100 custom data fields for tracking bank information
• Enter and unlimited number of contacts with 4 phone numbers each
• Enter and unlimited number of bank records to accommodate multiple bank accounts
• User can select or mark an individual, all or range of transactions to clear
• Use the optional Crystal Reports module to customize system reports and create new reports that can be added as selections to the Report Menu
• Produce Adjusting Entries from within Bank Reconciliation for posting to General Ledger
• Maintains links between each company and module level bank account for total configuration flexibility