27 Dec Electronic Reconciliation with Dynamics GP
The Bank Reconciliation module in Dynamics GP is really useful. It helps you easily reconcile your bank accounts on a monthly basis with data generated from your Dynamics GP system. The Bank Reconciliation module brings together payments, receipts, and adjustments all together in one screen that allows you to manually check off the items that have cleared your bank accounts.
If you have a lot of bank items every period, you will want to consider using the Electronic Bank Reconciliation module. It takes a file from your banks and compares it to your outstanding bank items in GP. It marks any matches as cleared. It will also create additional fees or adjustments in GP that may be included in the bank file.
This is a video that shows how this module works: