Using Accounts Payable

Manual Check ReconciliationEnter No if you do not want to reconcile this check. You would not want toreconcile the check if the check amount displayed does not equal the checkamount on the bank statement.Colleague displays a warning message if you enter Yes and the reconciliationdate is less than the check date. Since the reconciliation date is not used forany general ledger transactions, no problems occur if the reconciliation date isless than the check date. However, it doesn't make sense to reconcile a checkbefore the date it was issued.Procedure for Manual Check ReconciliationPerform the following steps to manually reconcile outstanding checks.Step 1. Access the Manual Check Reconciliation (RECM) form.Step 2. At the Bank Code LookUp prompt, enter the bank code for the checks thatyou want to reconcile or use LookUp to select from a list of bank codes.Step 3. In the Check Range fields, enter the start and end check numbers for the rangeof checks that you want to work with.• You can perform a LookUp in the Check Range start and end fields toselect the checks you want.• You can leave these fields blank if you want to manually enter the checknumbers (see Step 5).Step 4. In the Reconciliation Date field, enter the date that you want Colleague to useas the status date.Step 5. If you want to display additional checks, enter the check number(s) in theNumber window.• You can perform a LookUp in this field to select the check number(s) youwant.• You can enter check numbers out of sequence.Using Accounts Payable, June 19, 2009 415© 2009 Datatel, Inc.