Check Reconciliation

System Overview

The Infinity POWER Check Reconciliationis designed to integrate with the General Ledger, Accounts Payable, Accounts Receivable, and Payroll modules. The program may be run in a stand-alone mode, with all checks and deposits entered manually for reconciliation or through integration.

Product Features

• Unlimited number of Bank Accounts allowed
• Bank Accounts allow 30 Character Description per account
• Allows for managing Pre numbered Checks as well as Manually entered checks
• Tracks Statement Balances
• Allows Different Check Format per Bank Account
• Tracks Separate Cash Account, Accounts Payable Account and Discount Account by Bank Account
• Options allow users to clear a Range of Checks rather than one at a time
• Allows the Importing of cleared check entries from other sources
• Additional Sort key allows the capability to sort reports by Date Number Sequence or by Date/Check Number Sequence
• Updates General Ledger with any direct entries for Service Charges and Late Fees
• Separate Forms for Accounts Payable and Payroll by Checking Account
• Clear Checks by Check Number
• Minimum Check Amount by Bank Account