This application eliminates the time consuming drudgery of reconciling your bank accounts by hand.  The application is interfaced to the IST Accounts Receivable, Accounts Payable, and Payroll Applications, thereby capturing the deposit and expenditure information required to do the reconciliation. 

Deposit information is generated to the Bank Reconciliation application through the automatic interface with the Accounts Receivable module.  Disbursements from your bank are generated through the interface to Accounts Payable and Payroll.  Bank Reconciliation also provides for fund transfers, void checks, stop payments, and adjustments such as finance and service charges.

Tagging the transactions that have cleared the bank is a very simple procedure that allows you to tag one or multiple checks at a time. 

The reconciliation function provides for a Reconciliation Report that details cleared and outstanding transactions and the reconciliation itself.