How are districts using CIMS? Full bank rec? Cheques only? Once a month or daily? Options/Process to do full bank reconciliation Can it really balance.

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Presentation transcript:

How are districts using CIMS? Full bank rec? Cheques only? Once a month or daily? Options/Process to do full bank reconciliation Can it really balance with our bank balance?

Bank RecChqs OnlyMonthlyDailyUpload SD72 Not Balancing Yes DELTA Yes SD23 Yes FMPSD Yes BSD Yes SDML Yes TMSD Yes PLPSD No SOAKS Yes RETSD Yes ISD Yes HSD Yes LSSD Yes

CDS.696 or CDS.699 Load C/R & A/R to Statement with Rec Dates Builds outstanding cash receipts and AR receipts to statement with receipt date as cleared date. CDS.699 uses bank statement date. CDS.700 Auto Build A Lines for Direct Deposit Chqs Builds adjustment (A) lines for all direct deposit cheques from the specified date range and DOCIDs as single lines with a grand total for the date(s) of the cheques CDS.701 Load Pre-Auth Direct Debit Chqs with Chq Date Loads all direct debit cheques for the specified date range and DOCIDs as cheques with the cheque date as the cleared date ….. The goal here is to add pre-authorized payments as manual cheques or process as regular invoice/cheques (Utilities) NOT journal entries.

Upload/Auto Build Cheques from Bank Takes a file of cleared cheques downloaded from the appropriate bank and builds into CIMS as reconciled with the dates from the bank file Royal Bank CDS.692, CIBC CDS.693, Bank of Montreal CDS.694 and Generic CDS.695 CDS.620 Bank Statement Input Manually maintain entries, add any missing items and/or adjustments CDS.625 Bank Reconciliation Printed copy of bank statement, outstanding cheque listing, deposit listings, voided cheque register and YTD compare of bank balance

In our own Take Two books – when we reconcile CDS.625 we are expecting to physically balance to what the G/L currently says providing Running for the most recent month Not in a Yearend carry forward situation with activity in two years When we dont – we know it is a journal entry and can resolve. … Could we expect the same for your much larger set of books? Why or Why not?

Goal is to automate the T2200 From Payroll … Overlay with all of the checkmarks and CIMS based on a group or an addenda fills in (Name, Address, F11 start/stop or pay assignment start/stop) From A/P: Motor Vehicle Allowances.. Is it just an amount and YES and a prefilled in overlay? What can we do here to help? Mark Invoices? Overlay?