Use this tab to set up preferences for reconciling your bank account.
Set up your default settings to best benefit your workflow.
This field is not available if you selected a Credit Card account type.
From the drop-down, select how you want to balance the bank account in the
BR Reconcile Bank Statement window.
• Book to Statement: This method begins with the book balance and adds or subtracts uncleared items to calculate the statement balance.
• Statement to Book: This method begins with the statement balance and adds or subtracts uncleared items to calculate the book balance.
From the drop-down, select how you want to sort items in the
BR Reconcile Bank Statement window. The default option for this sort is
Date.
• Item Number: sort by item number, date, and type.
• Date: sort by date, item number, and type.
• Type: sort by type, date, and item number.
• Additions/Deposits, Checks, and Other Withdrawals: this sort groups additions and deposits together, followed by checks and other withdrawals. Each group is ordered by date.
• Deposits, Checks, Other Additions, and Other Withdrawals: this sort begins with deposits ordered by date, followed by checks ordered by check number (item #), then all other additions ordered by date, and ends with all other withdrawals ordered by date.
• Checks, Additions, Deposits, and Other Withdrawals: this sort shows checks ordered by date, followed by additions and deposits ordered by date, and then all other withdrawals ordered by date.
• Type > Item #: sort by type first and then sub-sort by item #.
• Type > Date> Amount: sort by type, date, and amount.
• Date > Type > Item #: sort by date, type, and item #.
• Date - Most Recent First: this sort is by date, with the most recent date appearing first.
• Amount - High to Low: sort by amount, from highest amount to lowest.
• Amount - Low to High: sort by amount, from lowest amount to highest.
All sorts are in ascending order, except for the Date - Most Recent First and Amount - High to Low options.
Set up your preferences for printing checks.
Select this check box if you don’t want to print Accounts Payable checks for any vendors this Bank Account Code is assigned to.
From the drop-down, select the check format you want to use when you print checks.
• 0 - Laser SCS: Laser formats are typically full 8 1/2 by 11” sheets, either preprinted or plain. Since the check itself is only 1/3 page long, as is the stub, a second copy of the stub is printed below the check. The order of the segments that are printed is stub-check-stub. This is the default option.
• 1 - Dot Matrix SC: Dot-matrix formats are also called Short Forms and are 7 1/2” long. You might use these if you print on multiple-part check stock. Because the paper is shorter, only one copy of the stub is printed. The order of the segments for a dot matrix check is stub-check.
Set up your Electronic Funds Transfer (EFT) Account Codes for payables and receivables.
Enter the default EFT Account Code you use for EFT transfers of payables. Your bank provides you with this code.
Enter the default EFT Account Code you use for EFT transfers of receivables. Your bank provides you with this code.