Microsoft Great Plains BR: Bank Reconciliation

Microsoft Business Solutions Great Plains is marketed for mid-size companies as well as Navision (which has very good positions in Europe and emerging markets where it can be easily localized). 

Great Plains Bank Reconciliation (BR) module lets you manage all of your bank-related activity through a single automated intersection, including cash, check, and credit card transactions, bank account balances, and automated reconciliation.

BR extends your reconciliation capabilities with ease using customizable transaction views, summaries of important information, historical balance inquiries, and easy-to-use tools to sort and mark transactions as you need. Empower your employees with a straightforward, consistent approach to managing your bank transactions that lowers administrative costs and gives you tight control over this mission-critical business process.

Features:

• Summary Information – Speed up reconciliations with on-screen summary information, including adjusted bank balance, adjusted book balance, number of cleared payments, cleared payments total, and more.
• Detailed Transaction Information – Instantly get the details you need while reconciling, including deposit number, transaction number, type, payment amount, and description, then drill down when you need even greater detail.
• Transaction Tracking– Track simple or complex transactions, including voided transactions, voided manual checks, funds transfers, deposits without receipts, and checks distributed to multiple expense accounts.
• “Point in Time” Balance Inquiry – Resolve discrepancies by viewing the bank transactions that make up your checkbook balance for a specified date and drill down to view the cleared status of the transaction.
• Automatic Adjustments – Reconcile totals with automatic file update and General Ledger postings that include reconciliation totals as well as any transaction adjustments.
• Simultaneous Reconciliations – Manage multiple reconciles out of separate checkbooks without having to complete each one before beginning the next.
• Reporting – Create, view, and post a suite of standard reports including checkbook list, checkbook register report, and bank distribution history, or customize reports in paper or online formats.
• Multicurrency Support – Enter, view, and reconcile transactions for checkbooks in any currency, or reconcile cash receipts in multiple currencies in your primary checkbook.
• Seamless Integration – Create complete bank-related information and enter information only once with seamless integration to Great Plains General Ledger, Receivables, Payables, and Payroll modules.

Good luck with implementation, customization and integration and if you have issues or concerns – we are here to help!  If you want us to do the job - give us a call 1-630-961-5918 or 1-866-528-0577! help@albaspectrum.com