Embridge Training
Unit4 Bank Reconciliation
Understand and use the Unit4 ERP Bank Reconciliation module to enable clearer management and maintenance of matching and reconciliation processing.
Duration: 0.5 Days
Level | Getting Familiar
Understand and use the Unit4 ERP Bank Reconciliation module to enable clearer management and maintenance of matching and reconciliation processing.
Summary
This half day course comprising of seven easy to understand sessions will provide users with clear insight of the Unit4 ERP Bank Reconciliation module enabling them to easily manage and maintain your processing, gaining greater efficiencies for:
- Importing Bank Statement
- Automatic Matching
- Manual Matching
- Match Maintenance
- Cashbook Maintenance
- Reconciliation Confirmation
- Enquiries
Learning outcomes
Learn how:
Unit4 Bank Reconciliation works and how to use it.
The objectives of the course are to help you gain a better understanding of the Bank Reconciliation module enhancing your reconcilation and matching processes:
- Unit4 ERP Bank Reconciliation basic structure and processes
- The automatic matching, auto posting and manual matching processes
- How matched items and cashbook can be maintained
- How to process the reconciliation confirmation
- How to run enquires within the Bank Reconciliation module
Delegate pre-requisite
Familiarisation – Record to Report (R2R) Finance.
Who is it for?
The majority of people who attend this course tend to be in these types of roles:
- Bank Reconciliation Clerk
Language
Interactive workshop with an experienced consultant. All Embridge Unit4 courses are currently delivered in English.
Course Structure
Session 1
Bank Reconciliation Overview
This session provides an understanding of the Bank Reconciliation module in the Unit4 ERP to allow users to reconcile bank statements against the balances for the bank shown on the cashbook payments / receipts in the General Ledger.
Session 2
Bank Reconciliation Setup and Processing
In this session you will gain an understanding of the Unit4 ERP Import bank statement process. You will learn about:
o Importing Bank Statements
o Manually entering bank statements
Session 3
Cashbook Maintenance
This session looks at how to perform maintenance of the cashbook. You will learn the following:
o Bringing in items missing from the cashbook from the General Ledger postings to appropriate bank account
o How items can be removed / deleted from the cashbook
o How the cashbook balances screen works
Session 4
Understanding Matching options
This section of the training goes through the automatic cashbook matching process as set up on Unit4 ERP.
The areas it will cover are:
- Review of the match code set up
- Automatic Matching
- Bank Account reconciliation
- Manual Matching
- Match Maintenance
Session 5
Reconciliation Confirmation
This session covers how to run the Reconciliation Process and the updates performed.
- Run the bank reconciliation process
- How to check the output and make amendments
- Historic Match Maintenance
Session 6
Bank Reconciliation Enquiries
This session covers how to perform Bank Reconciliation enquiries on cashbook and statement items as well as enquiries on reconciled, matched and unmatchable items.
- Cashbook and Statement header and detail enquiries
- Reconciliation enquiry
- Matched, not matchable and unmatched items
Premium Education training subscription
Part of the College of Finance
Premium Education training is a people-centric approach to driving training and development by always learning; learning all ways. Our subscription-based training services gives the employee and employer a suite of Unit4 training allowing the flexibility to empower your employees for effective, efficient, and proficient use of technology and solution platforms at their fingertips.
More details about Premium Education will be coming soon. Watch this space!
In the mean time if you would like to know more email enquiries@embridgeconsulting.com
Cancellation policy
All courses are delivered virtually, price per person plus VAT. On site training is available on request. Please read our cancellation policy and booking terms and conditions before checkout.