This workshop is to provide districts with guidance in the ASCENDER bank reconciliation application to allow the district to complete bank reconciliations using ASCENDER software. Utilizing this application allows ASCENDER to extract finance and payroll application cash receipts, checks, and general journals into the bank reconciliation application to facilitate the bank reconciliation process. Besides efficiencies gained through extracting data from one application to the other, the bank reconciliation system will retain detailed information. This will be useful when items are outstanding for a long time, districts will easily be able to identify transactions that remain outstanding for follow-up actions.
This workshop will help districts with the following in the ASCENDER Bank Reconciliation application:
- Set up bank reconciliation options.
- Set up bank tables.
- Review and update bank reconciliation layouts.
- Create transactions.
- Create a bank reconciliation.
- Reconcile items and finalize bank reconciliation.
- Print reports as needed.
Prior to the workshop there will be a recording available to review how to perform a bank reconciliation in the ASCENDER Bank Reconciliation application. This will highlight the processes and reports available during reconciliation as well as after a bank account has been reconciled to allow districts to decide if this workshop will benefit your district.