Bank Reconciliation
Manage your banking transactions through a single, automated intersection. All bank-related activities for your business flow back to Bank Reconciliation from across Microsoft Great Plains, making it easy for you to maintain tight control of information and processes.
• Reduce administrative costs and improve your ROI with streamlined processes and intuitive tools for reconciling multiple accounts on a regular basis.
• Speed up transaction entry and processing with flexible defaults, customizable views, and intuitive tools for reconciling
multiple accounts on a regular basis.
• Help ensure accountability with complete transaction tracking, “point-in time” checkbook balance inquiries and full audit trail reports.
Advanced Bank Reconciliation
Automating the Multicurrency Bank Reconciliation within Microsoft Great Plains
The third party Advanced Bank Reconciliation module provides an alternative, automated bank reconciliation module for Dynamics GP. As a replacement for the standard Bank Reconciliation module, it provides many benefits.
With support for multiple banks, each of which can track multiple General Ledger accounts, Advanced Bank Reconciliation is packed with additional features. Transactions are read directly from the General Ledger, and bank statement information is either manually entered, or imported from Electronic Statement files using a flexible import process. A double entry system allows transactions to be tracked through the General Ledger in unreconciled and reconciled accounts.
Automated matching can be used to reconcile the majority of transactions with the minimum of effort. Flexible matching rules are user-definable, ensuring that they can be tailored to produce the most accurate results.
Advanced Bank Reconciliation features enhanced multicurrency and Euro support. A transaction's currency no longer needs to be same as the bank account. And a bank's working currency can be in Euros while the bank statements are in a Euro member currency, or vice-versa.
With its many automated and time-saving features, Advanced Bank Reconciliation makes reconciliation a much easier task with Dynamics GP.
Note: The standard Microsoft Great Plains Bank Reconciliation module is not required in order to use Advanced Bank Reconciliation.