Using Accounts Payable

Batch Check ReconciliationAmount to be ReconciledEnter the total sum of the checks that you are reconciling.The number you enter in this field must equal the sum of the check amountsfor the check numbers you entered in the Check Ranges Begin and End fields.If the amount (from your bank statement) you enter in this field does not equalthe amount Colleague calculates from the CHECKS file, Colleague will notreconcile the checks and will produce an error report.For example, if you enter an amount of $5000.00 for a range of checks 001 -120, but Colleague calculates the total amount for that range of checks atdifferent amount ($5001.00), the checks will not be reconciled.Procedure for Batch Check ReconciliationPerform the following steps to reconcile one or more batches of outstandingchecks.Step 1. Access the Batch Check Reconciliation (RECB) form.Step 2. In the Bank Code field, enter the bank code for the checks that you want toreconcile.You can perform a Bank Code LookUp to select from a list of valid bankcodes.Step 3. In the Reconciliation Date field, enter the date that you want Colleague to useas the status date.Step 4. In the Check Range fields, enter the Begin and End check numbers for therange(s) of checks that you want to work with.Step 5. Enter the Number of Checks to be Reconciled and the Amount to beReconciled.You can calculate this information from your bank statement.Using Accounts Payable, June 19, 2009 421© 2009 Datatel, Inc.