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{{Page title|About the Bank Account Manager}}



The Bank Account Manager is a real-time bank balance management system.  This program is used to record deposits, manual checks, and bank adjustments in the various bank accounts.  It is also used to reconcile the monthly bank statements.  Checks written in the Accounts Payable and Payroll Manager modules automatically interface into the Bank Account Manager module thus providing an up-to-the-minute balance in each bank account.


'''Bank Accounts'''   The Bank Account Manager will handle up to 99 separate checking and/or savings accounts.  Each bank account is a subsidiary ledger which should be reconciled to the General Ledger on a regular basis.  The current balance found in the Bank Account Manager module for a bank account should always equal the current year-to-date balance in that bank's general ledger control account within the General Ledger module.

'''Interfaces with A/P and Payroll'''   Checks written in the Accounts Payable Manager or Payroll Manager modules are automatically recorded in the Bank Account Manager module.  This is an indication of the high level of integration between these modules.

'''Checks, Deposits, and Adjustments History'''   The Bank Account Manager retains a full history of every check written, every check deposited, and every adjustment made in each bank account.  The user can search these historical files and produce various reports.

'''Bank Reconciliation'''   Bank accounts can be easily and accurately reconciled with the bank statements each month.  This ensures that the bank and your company have processed all transactions accurately.  Also, the date that each transaction (check, deposit, or adjustment) was reconciled is placed in the bank history records for subsequent reference.