GL Recon

The GL Recon Module has been written to enable Accpac users to automate the process of reconciling and clearing Balance Sheet Clearing/Control accounts. The GL Recon module is not confined to Balance Sheet accounts only, but can be used across the entire General Ledger Chart of Accounts, if required.

The GL Recon Module is a facility to automatically reconcile Debit- and Credit entries on General Ledger Accounts. When the Reconciliation functionality is run, the system matches the Debit entries against Credit entries of the same value, on the account(s) selected.

When the Reconciliation is completed the system presents a reconciliation which lists all entries included in the reconciliation and indicates entries which have been matched, as well as those which have not been matched. The user is then able to manually match and partially match further entries, as appropriate.

Features:

• The GL Recon Module can work on both Pervasive & Microsoft SQL databases.
• The GL Recon can be opened within ACCPAC or outside ACCPAC (such as a Desktop Icon).
• The GL Recon Module can be run on a single GL Account or on multiple accounts.
• When running GL Reconciliations, opening Balances can be included in the selection criteria, as a reconciling item.
• The GL Recon Module keeps previous reconciliations as history. An ongoing reconciliation can be continued by adding the following period’s transactions onto a previous reconciliation. The system will automatically match previously unmatched transactions to new transactions now added.
• Each user maintains his own GL Recon. Built in security to user access ensures that users are not able to access or work on reconciliations other than the ones they have initiated. The Administrator may work on all reconciliations.
• The GL Recon Module can be accessed by multiple users at the same time.
• The GL Recon can work on Functional Currency and on Source Currency.
• Reconciliations can be printed.
• The GL Recon Module can do reconciliations across financial periods and across different years.
• The GL Recon module includes User security.

GL Recon is not available as a downloadable trial version from this website. To view a product demo or technical documentation, contact our Development team on Tel: +27 12 664 0200 or email: sales@acctech.biz