O'Reilly logo

Microsoft Dynamics GP 2013 Cookbook by Mark Polino, Ian Grieve

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Speeding month-end closing by reconciling bank accounts daily

Month-end bank reconciliation is one of the most common time-consuming activities when trying to close the month. With a few process changes, bank reconciliation can be performed daily. Month-end bank reconciliations simply become one more daily activity.

Describing the process to accomplish daily bank reconciliations is the focus of this recipe.

Getting ready

Before a company can perform daily bank reconciliations, bank reconciliations need to be current. If a company's reconciliations are out of balance, the accounts will need to be balanced to the last statement before moving to daily reconciliations.

Additionally, companies will need access to the daily transactions from their bank. ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required