1. Using the District Accounting System Part 4: Reconciling Bank Accounts

2. Objectives for Reconciling Bank Accounts  At the end of this section you will:  Be able to record a funds transfer between base currency bank accounts  Understand the bank reconciliation process  Be able to clear bank transactions  Be able to reconcile bank accounts  Recognize the Cash Management reports available in the new district accounting system

3. Record a Funds Transfer Navigation Cash Management Application Transfer Funds

4. Record a Multi-Currency Funds Transfer Transfer funds between different currency bank accounts. These transfers will be done through Intacct by World Headquarters. Example: Funds requests from the District Reserve to a non USD bank account.

5. System Demonstration  Record a Funds Transfer

6. Reconcile a Bank Account Navigation Cash Management Application Activities Reconcile Bank

7. System Demonstration  Reconcile a bank account  Enter statement information  Select transactions to clear  View the reconciliation report

8. View Reconciliation History Navigation Cash Management Application Records Reconciliation Histories

9. Reconciliation History Displays all prior reconciliations Reconciliation Report

10. System Demonstration  View Reconciliation Histories  Reconciliation Report  View Bank Register

11. Resources District Finance Corner website: http://www.toastmasters.org/financecornerhttp://www.toastmasters.org/financecorner On this site you will find the following: The district accounting system user guide http://www.toastmasters.org/userguide The recordings of the district accounting software training webinars http://www.toastmasters.org/accountingsoftwarewebinars The Annual Budget Template http://www.toastmasters.org/AnnualBudgetTemplate Or email your questions to: districtfinancialreports@toastmasters.orgdistrictfinancialreports@toastmasters.org