General Ledger Electronic Check Reconciliation

In the last few years many banks have started providing a file or CD to their customers that contains the checks that have cleared the bank. Local Government Electronic Check Reconciliation can take this file and quickly report and reconcile the checks. The time it takes to reconcile bank statements can be reduced from days to a few hours.

GL Main Menu From the General Ledger Main Menu select option #61 - Check Reconciliation.

GL Check Reconciliation Select Option #7 - Electronic Reconciliation from Check Reconciliation Menu.

GL Electronic Reconciliation The “Input filename” should already be filed in. Do not change this information unless instructed to do so.

GL Electronic Reconciliation It is strongly recommended that you print a report first. The report will list any errors it finds between the bank file and the DQ file. Review the report for any errors and correct as needed. Some errors include missing check, incorrect check number, incorrect amounts, etc. After correcting any errors, run in Report mode again until no errors are detected. To print Report Only type “D” and. Once you have a clean report, you are ready to update the checks. Type “Y” and. This option also prints a report with the reconcile date, and other check information. If for some reason the system cannot update a check, it will print on the report with an error message.

If you are interested in using this option, please check with your bank about the possibility of receiving a file or downloading a file from their website. Please contact Local Government Data Processing Corporation to implement this feature. There is no additional cost involved on the Zortec side.

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