9.2 Reconciling Payments on a Bank Statement
Purpose: Use this document as a reference for reconciling payments on a bank statement in ctcLink.
Audience: Accounts Receivable
You must have at least one of these local college managed security roles:
- ZZ Treasury Bank Processing
If you need assistance with the above security roles, please contact your local college supervisor or IT Admin to request role access.
Reconciling Payments on a Bank Statement
Navigation: Banking > Reconcile Statements > Process Bank Reconciliation
- The Process Bank Reconciliation run control ID search page displays.
- Select the Add a New Value tab.
- Enter Run Control ID.
- Select Add.
- The Process Reconciliation page displays.
- Enter External Bank ID.
- Enter Bank Account #.
- Enter Statement ID.
- Select Run. Please refer to the Process Scheduling QRG for further information.
The reconciliation methods are:
- Bank Reconciliation (FSPRECON) Application Engine process: Processes the specified bank account transactions with the defined reconciliation parameters for the bank account.
- Recon and Bank Stmt Accounting (reconciliation and bank statement process) (RCNBSP) PSJob: Runs both the Bank Reconciliation process and the Bank Stmt Processing (bank statement processing) process (AR_BNKSTMT), which loads payments into the Receivables tables. This is a multi-process job.
- Recon and Statement Accounting (reconciliation and statement accounting) (RCN_BSAC) PSJob: Runs both reconciliation and Cash Management Bank Statement Accounting reconciliation parameters on the specified bank account transactions. This is a multi-process job.
- Process complete.
Video Tutorial
The video below demonstrates the process actions described in the steps listed above. There is no audio included with this video. Select the play button to start the video.
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