# Bank Reconciliation ### Outstanding Cheque Report 2. ACCOUNTS PAYABLE…à7.bank reconciliation…à1.outstanding CHEQUE report All cheques processed through **accounts payable** are kept on file to assist you in balancing your bank account when the statement arrives. This report is sorted in **cheque number** order and prints the **source** (automatic or manual/miscellaneous cheques), the **cheque number**, the **vendor** or **payee** (if miscellaneous cheque), and the **date** and **amount** of the cheque. ### Bank Reconciliation Input 2. ACCOUNTS PAYABLE…à7.bank reconciliation…à2.bank rec input 3. start date Press \[**enter**\] to default the stating date of the cheques to be cleared to the earliest date. 2. Source Enter the source of the cheque, \[**A/P**\] for automatic or \[**M/C**\] for manual/miscellaneous cheques. Pressing \[**enter**\] will result in cheques from all sources being displayed. The cheques are displayed in numerical order, by date. In the **9. SYSTEM UTILITIES à 3. SYSTEM SETUP à 2. Accounts payable à 1. SYSTEM PARAMETERS**, the field called **default cancel** will control whether the cheques are automatically cleared or not. If the **default cancel** is set to \[**y**\], then all cheques will be marked as cleared. Should any cheque listed remain outstanding, enter the line number associated with the cheque number and change the cancel flag to \[**n**\]. If the **default cancel** field in the **parameter file** have been set to \[**y**\], then the opposite will apply. When exiting the program use F2 (reject) F1 (to accept), E (to exit) or Q (for quit). The system now asks to update cheques? (Y/N). The default is “Y” unless F2 (reject) is used then the default is “N”. ### Bank Reconciliation Edit List 2. ACCOUNTS PAYABLE…à7.bank reconciliation…à3.bank rec edit list

As with other processes, the **Edit List** is available for you to check your work before proceeding to the **Update** stage.

### Bank Reconciliation Update 2. ACCOUNTS PAYABLE…à7.bank reconciliation…à4.bank rec update Use the **Update** process to remove all selected cancelled cheques from the **Outstanding Cheque file**. A journal will print as proof that the file was updated and will show the **source, cheque number** and **payee**, **date** and **amount**.