Record Opening Unreconciled Receipts / Payments

This activity allows you to record the unreconciled receipts and payments at the beginning of the period. The transactions details which are available in the Legacy Books of Accounts and which are not available in the Bank Statement pertaining to the legacy periods can be recorded in this screen. These transactions will be available for reconciliation in Ramco Enterprise Solutions.

Select the “Record Opening Unreconciled Receipts / Payments” link under the “Bank Reconciliation” business component.

The “Record Opening Unreconciled Receipts / Payments” page appears.

The system displays the following:

Select the following field from the "Bank Details" group box:

Bank Account No.

Use the drop-down list box to select the code identifying the bank account for which you want to record Opening unreconciled transactions. All the bank account that have been defined in the “Bank Cash Definition” business component for which the user has access rights will be available for selection in the alphabetical order.

The system displays the following:

Bank Name

The name of the bank.

Enter the following fields in the “Payment / Receipt Details” multiline:

Transaction Type	Use the drop-down list box to select the type of the transaction that has taken place in the account. You can select from “Payments”, “Check Payment”, “Receipt”, “Check Receipt”.
Date	The date when the transaction occurred (Date Format). Mandatory. The date entered in this field must be less the first financial period of the Finance Book (mapped to the Bank Code) with Legacy Date as No.

Note: Date should be less than the first financial period start date (Legacy period - No) for the first financial year. If the Bank account is mapped to Finance Books which have effective from date later than the first financial period start date (Legacy Period –No), then the transaction dates should be less than the earliest FB Effective from date.

Depositing Point	The code identifying the organization unit in which the transaction has occurred (Alphanumeric, 16).
Doc. No.	The number identifying the transaction document.
Transaction OU	The OU in which the Bank Book transactions were created.

Note: Transaction OU in the Multiline would be loaded with the list of OU's mapped to the Finance Book of the Bank Codes created for the selected Bank Account No and defaulted with first value.

Check No.	The number identifying the check.
Amount	The transaction amount.
Remarks	Any comment pertaining to the transaction type (Alphanumeric, 256).
Company Ref./ LC Number/EFT no	The code identifying the company/ LC/ EFT no that is involved in the transaction.

Click the “Save” pushbutton to save the transaction details.
Click the “Authorize” pushbutton to authorize the transaction details.
Click the “Reverse” pushbutton to reverse the transaction details.

The system saves the unreconciled transaction details for the bank account no.