Using the District Accounting System Part 4:

Transcript:Using the District Accounting System Part 4::
Using the District Accounting System Part 4: Reconciling Bank Accounts Objectives for Reconciling Bank Accounts At the end of this section you will: Be able to record a funds transfer between base currency bank accounts Understand the bank reconciliation process Be able to clear bank transactions Be able to reconcile bank accounts Recognize the Cash Management reports available in the new district accounting system Record a Funds Transfer Navigation Cash Management Application Transfer Funds Record a Multi-Currency Funds Transfer Transfer funds between different currency bank accounts. These transfers will be done through Intacct by World Headquarters. Example: Funds requests from the District Reserve to a non USD bank account. System Demonstration Record a Funds Transfer Reconcile a Bank Account Navigation Cash Management Application Activities Reconcile Bank System Demonstration Reconcile a bank account Enter statement information Select transactions to clear View the reconciliation report View Reconciliation History Navigation Cash Management Application Records Reconciliation Histories Reconciliation History Displays all prior reconciliations Reconciliation Report System Demonstration View Reconciliation Histories Reconciliation Report View Bank Register Resources District Finance Corner website: http://www.toastmasters.org/financecorner On this site you will find the following: The district accounting system user guide http://www.toastmasters.org/userguide The recordings of the district accounting software training webinars http://www.toastmasters.org/accountingsoftwarewebinars The Annual Budget Template http://www.toastmasters.org/AnnualBudgetTemplate Or email your questions to: districtfinancialreports@toastmasters.org