Process Map. McIntosh and Son. Administration Module. Process Code: A320 Bank Account Reconciliation
Process Map McIntosh and Son Administration Module Procedure Manual
Process Code: A320 – Bank Account Reconciliation
[Client Trading Name] [Business...
Process Map McIntosh and Son Administration Module Procedure Manual
Process Code: A320 – Bank Account Reconciliation
[Client Trading Name] [Business Area] Module
Process Code: [Process Code] [Process Name]
McIntosh and Son Admin Module Process Map – A320 Bank Account Reconciliation
Contents High Level Process Definition.............................................................................................................. 3 Process Flowchart ............................................................................................................................... 4 Business Policies ................................................................................................................................. 5 Procedures .......................................................................................................................................... 6 Bank Account Reconciliation........................................................................................................... 6 Statement of Work ............................................................................................................................. 7 Introduction .................................................................................................................................... 7 Bank Account Reconciliation........................................................................................................... 8 Program Parameters ......................................................................................................................... 11
McIntosh and Son Admin Module Process Map – A320 Bank Account Reconciliation
Business Policies The following Business Policies are applicable to the execution of the processes defined and referred to in this Process Map.
Business Policy – A320-01 Bank Reconciliation The Bank reconciliation should be completed by 10.30 am Each Business Day and matched transactions should be cleared on a daily basis.
Business Policy – A320-02 Bank Reconciliation Bank Reconciliations should be printed and saved daily with statement. Save “soft copy” at end of year in branch folder on server.
McIntosh and Son Admin Module Process Map – A320 Bank Account Reconciliation
Procedures Process Description:
Bank Account Reconciliation
Process (Major) Steps 1.
Produce Bank Account Reconciliation Report
Objective: To confirm that Bank Statement Processing has been completed and to complete the Bank Reconciliation process
Procedure a. b. c.
d. e. f.
Internal Policy
Open Bank Account Reconciliation window Select Bank Account Review Bank Account Reconciliation Report. Click ellipses buttons against ‘Plus Unpresented Cheques’, ‘Less Outstanding Deposits’ and ‘Less Deposits in Process’ to view details of each category Resolve any Variances and repeat process until Variance = $0.00 Clear Matched Transactions indicator Click Save & Print
McIntosh and Son Admin Module Process Map – A320 Bank Account Reconciliation
Statement of Work Introduction This is the final task in the bank account reconciliation process and produces a Bank Account Reconciliation report. If a transaction has been confirmed in bank statement processing must be cleared here. It is recommended that this only be done once satisfied that the bank reconciliation is correct.
McIntosh and Son Admin Module Process Map – A320 Bank Account Reconciliation
Bank Account Reconciliation Business Policy – A320-01 Bank Reconciliation The Bank reconciliation should be completed by 10.30 am Each Business Day and matched transactions should be cleared on a daily basis.
Open the Bank Account Reconciliation window.
Select the Bank Account to report on. The Report detail will be populated to the window.
Any variance must be resolved and the process repeated until the bank reconciliation is correct when the Actual Bank Statement Balance is equal to the closing balance of banks account - Variance is $0.00.
McIntosh and Son Admin Module Process Map – A320 Bank Account Reconciliation
Users can access details of Unpresented Cheques, Outstanding Deposits and Deposits in Process by clicking the ellipses button against the respective entry in the display.
McIntosh and Son Admin Module Process Map – A320 Bank Account Reconciliation
Business Policy – A320-02 Bank Reconciliation Bank Reconciliations should be printed and saved daily with statement. Save “soft copy” at end of year in branch folder on server.
Select the Clear Matched Transactions box Click the Save & Print button, to Clear Matched Transactions