Bank Account Management

·          Unlimited number of bank accounts

·          Modify and delete bank accounts

·          Transfer between bank accounts:

-          where both accounts are in the same currency

-          where one account is in LCY and the other is in foreign currency

-          where both accounts are in foreign currency

·          G/L account is automatically updated when you post bank transactions

§       Set up customer/vendor bank account cards

Check Writing

·          Automate and control the entire check-writing process

·          Generate printed checks with a unique number series for each bank account

·          Specify whether the payment is to be made by a manually created check or a computer-generated check

·          Track check numbers and void checks if required

·          Write checks in more than one currency

§       Preview and print checks directly

Electronic Payments

·          Pay vendors or customers electronically

·          Export electronic payments to financial institutions

Bank Reconciliation

·          Reconcile all your bank accounts with the account statements issued by your bank:

-          apply transactions from your bank statement to bank account ledger entries

-          post additional transactions recorded only by the bank and not yet by the program

-          deal with errors on your bank statement

Bank Statistics

·          Print company bank account statistics reports

§       View company bank account statistics