Bank Reconciliation

Performing a bank reconciliation allows you to verify that your bank account balances with the VisionVPM general ledger. This is done by comparing entries on your bank statement and ensuring that they agree with the VisionVPM general ledger.

VisionVPM must be set up for bank reconciliations if this facility has not been used before

A bank reconciliation involves:

• Using VisionVPM to reconcile items on the Bank Reconciliation window.
• Adding entries that appear on the bank statement but are missing from the Bank Reconciliation window.