Cashbook

The Cashbook facility is an electronic version of your bank statement(s). This facility allows you to reconcile transactions against your bank statement.

The most convenient way to utilise this system is to treat each page of your bank statement as a statement in its own right. This allows you to use the page number as the statement code for easy identification. You can also enter the page opening balance and closing balance so that the system can detail the discrepancy between the documents you select on the screen and the total of your statement. When you have selected all the documents from the system that appear on the statement the system will balance and you can reconcile those transactions.

The Cashbook screen can also be used to make entries for bank details not accounted for in other Acumen systems. This typically includes FID, BAD and bank fees.