Cash Book and Bank Reconciliation

Miscellaneous payments and receipts can be entered directly to the cash book system as can recurring items such as bank charges and periodical payments using the bank's direct debiting facilities. The till banking of cash sales, deposits and debtors receipts, and the creditors payment cheque details are automatically placed in the cash book for you by those subsystems if being used, otherwise you may enter them directly.

After bank account reconciliation, the miscellaneous Payments Journal and Receipts Journals for the General Ledger input are accrued and posted on a monthly basis.