This section is used for reconciling all bank checks. This is very useful in balancing your checkbook compared to the checks cleared on your bank statement.

For added security and privacy, you may set the system so that Payroll information would not be displayed on any report in ACCOUNTS PAYABLE.  Only the Check Number and Date of the Payroll Check will be displayed. The description would read Payroll.Auto or Payroll.Manual and the amount of any Payroll check would be zero (0). The amounts of the Payroll checks would not be added in any total in ACCOUNTS PAYABLE. The PAYROLL program must then be used if Payroll information is needed. Please refer to "Account Payable Setup" in SYSTEM MANAGEMENT (10.2.1 field 7).

Don't forget to reconcile those “wash” checks written to apply a Credit Payable.

Voided checks will be automatically Reconciled in Check Maintenance. The Reconciled Date will be the date the check was created.

You will only have to enter the Bank Number once in a cycle. The Check Information (date, Vendor, type) will be displayed.

If no decimal is entered on the Check Amount, two decimal places are assumed (example:  5000 = 50.00, 50 = .50). If the amount entered is the same as the amount in the system, you will see the word CORRECT. The cursor will go to the "Check #" prompt to reconcile more checks. The system will stay at the same Bank Number. If you want to change the Bank Number, use the <UP ARROW> to go to the field. If the amount entered is not the same as the system, you will see the prompt:  "Check amount does not equal statement amount. Press <ENTER>."  Just press <ENTER> to continue.  Verify that you entered the same amount that was on the check. If the amount on the check does not equal the amount in the system you will need to void the check and re-enter it. The new check may be the same as the same number as the voided check but with a letter after it. (Example:  Void check 100, add check 100-A.)

You have the option of entering the decimal point when reconciling checks. This is setup in TCL at U MASTER RECON.CHECKS.SETUP by putting a Y in attribute 1. For more information, please call Perfection Software Support Department (800-766-7530).

If reconciling a Payroll check that has been blocked (See above Important Notice), the amount displayed will be zero (0).  Just enter in the amount shown on the check to reconcile.