Bank Reconciliation Automation for Sage 300 ERP
Save yourself many hours if not days and eliminate processing errors by importing and generating entries directly from your bank statement for a truly automatic reconciliation.
Bank Services Automation Direct Benefits:
No entries need to be manually entered in Sage 300 (ACCPAC) Bank Services.
Repetitive entries can be re-generated each month.
Numbering sequences can be defined using unlimited categories and prefixes.
Complete your reconciliation effortlessly in a fraction ofthe time.
No more worrying about not allocating to the correct GL Account.
No more worrying about balancing back to your bank statement.
No more worrying about missing any entries in your bank statement.
Bank Reconciliation Automation Features:
Easily importing predefined formats from your bank.
Matching entries by cheque number, bank amount and date.
Defining matching criteria to create entries automatically from your bank statement like GL Account allocations and tax information.
Creating entries directly in Bank Services for Bank charges, EFT payments, Transfers, Stop Orders and many more.
Allocating payments from your statement directly to AP Vendor payments and AR Customer invoices.
Generating multiple line details from one entry on your bank statement using distribution sets in Bank Services.
This will take the pressure off of ensuring all entries going though your bank account will be processed and posted to the correct accounts and will ensure your reconciliation is obtained as simply and efficiently as possible. It is not just a matter of processing the correct entries, it is also a matter of not having to punch entries into the program yourself. Users can create templates that contain rules that controls all the entries that are processed directly from the bank and synchronized with the company GL, AR and AP transactions. The more you process; the more rules you make and the less work it becomes.
RecXpress Bank Services for Sage 300 ERP
Watch a video presentation for more information on this Bank Reconciliation Automation service for Sage 300 ERP: