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About Post Reconciliation

Bank Options

Deposits Status report

Reconciliation Posting Journal

Withdrawals Status report

Using Post (Bank) Reconciliation

Before you start

  • Ensure that General Ledger does not prohibit posting to any accounts used in the reconciliation transactions. (If you try to post to such an account, you will receive an error message.)
  • Print reports that contain information that is not available after you post the reconciliation:
  • Withdrawals Status report.
  • Deposits Status report.

Note: The steps provided in this help topic describe the navigation in the Sage HRMS desktop product and may be different in the premium web version of Sage HRMS.

To post bank reconciliations

  1. From the Navigation Pane, select Payroll > Processes > Post Reconciliation.
  2. Select All Banks to post all current reconciliations, or select Range.
  3. If you selected Range, use the From and To fields to specify the range of banks for which to post current reconciliations.
  4. Click Post.

After posting the reconciliation

  1. Print the reconciliation posting journal.
  2. What you do next depends on the selection for the Create G/L Transactions option on the Bank Options window:
  1. Print the G/L Transactions report, using the default settings, for a list of general ledger transactions created by Bank Services.
  2. From the Navigation Pane, select Payroll > Tasks > Create Bank G/L Batch.
  3. Click Process to transfer the bank reconciliation entries to General Ledger.
  • If you select the Create G/L Transactions During Posting, General Ledger batches are created automatically:
  1. From the Navigation Pane, select Reports > Payroll > General Ledger Reports > Batch Listing Print these batches in General Ledger by choosing the Batch Listing report in the G/L Reports folder. (If you do not know the batch numbers to print, use the Finder).
  2. Post the batches in the General Ledger using the Post Batches function. (See the General Ledger help for more information on displaying, printing, and posting batches in General Ledger.)
  3. File the reconciliation records and reports together.