Load Bank Statement

Explanation

This activity is used to load the bank statement into the system, to match the transactions in the bank statement with the unmatched transactions in the cashbook using the External File Assistant. You can also automatically cash and match open checks while performing this activity, by selecting True for Cash/Match Open Issued Checks and/or Cash/Match Open Customer Checks from the Value list. Open issued checks include, both supplier and customer repayment checks.

Note: The voucher created for customer repayment checks will use the voucher type specified for customer checks and the voucher created for supplier checks will use the voucher type specified for supplier checks.

Prerequisites

The bank statement file should match the file template that is specified in the External File Assistant.

System Effects

• The loaded transactions can be used for matching against the cash book transactions.
• If cash and match is used, all opened checks will be automatically cashed and matched. 

Window

N/A

Related Window Descriptions

N/A

Procedure

Run the External File Assistant to load the bank statement file.