Using the Reconciliation Manager - 16j

Purpose: Use this document as a reference using the Reconciliation Manager to review bank reconciliation information in ctcLink.

Audience: Settlement Manager, GL Accountant

Use the Reconciliation Manager page to perform automatic, semi-manual, or manual reconciliation of statements from a single bank.

Navigation: Main Menu > Banking > Reconcile Statements > Reconciliation Manager

Using the Reconciliation Manager

  1. On the Reconciliation Manager page, if you wish to add a new bank account, click the Add a Bank to My List link.

 

Reconciliation Manager
  1. Enter the bank account search parameters.
    1. Enter or select the SetID in the SetID field – This should always be ‘WACTC’.
    2. Enter or select your bank ID number in the External Bank ID field – This is your bank id number (not your account number).
    3. Click the Search button.
Reconciliation Manager

Note: A list of accounts matching the search criteria will be displayed in the Bank Accounts section.

  1. Make selections and update.
    1. Place a check mark in the Select column for those accounts that you want to add to the My Accounts page.
    2. Click the Update button.
Reconciliation Manager
  1. Use the My Accounts page to view the following bank account information:
    1. Use the Show Statements for drop-down button to select Current Month, Last Month, or Today. The page refreshes with the specified information.
    2. Click the Add/Update Accounts button to add more accounts or update current bank account information.
    3. On the right side of the grid, you can verify whether reconciliation has been set up for a particular account on the External Account - Account Reconciliation page and see what type of reconciliation is in place:
      • Manual reconciliation
      • Semi-manual reconciliation
      • Automatic reconciliationClick the Reconciliation Type link to perform reconciliation for the specific bank account.

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