Automatic bank reconciliation

The Automatic Bank Reconciliation program allows for cash book entries (deposits and withdrawals) to be automatically reconciled to the corresponding bank statement entries using an import file, thereby reducing time spent on labor-intensive manual processes.

The Automatic Bank Reconciliation program allows for cash book entries (deposits and withdrawals) to be automatically reconciled to the corresponding bank statement entries using an import file, thereby reducing time spent on labor-intensive manual processes.

Note: The format of the bank statement import file is stipulated by SYSPRO (see the SYSPRO Help against the Automatic Bank Reconciliation program). If the statement file from the relevant bank is not in this format, then an intermediate step is required to convert it. Conversion programs for the more common banks in the different regions exist but not for all, so a conversion program may need to be developed depending on the customer's bank.