Populate your cash book electronically after bank statements have been
imported
This module allows for the cash book to be electronically populated when a
bank statement is imported where large volumes of transactions are processed.
Once verified, the information can be updated to a cash book batch and then to
the general ledger. The bank statements are acquired by using a download
facility that’s provided by each of the four major banks in Australia).
Supported formats include OFC, CSV
and ASCII.
The advantages of using this module include the instant processing and coding
of accounts once the initial process of assigning recurring coding has taken
place; and the process of reconciliation and account coding is virtually
guaranteed. Another benefit exists for transactions where the codes have been
assigned as per the relevant accounts. Codes need not be assigned a second time
– only new transactions have to be coded in the months to follow.
This product qualifies for quantity discount pricing.what's this?