FA221 – MIP Fund Accounting Bank Reconciliation

Course Level: Basic
Prerequisites: none
Instructional Method: Group Internet Based
Recommended CPE Credits: 1
One-Hour Class
Published: 01/2024

This class covers how to reconcile General Ledger cash accounts with the corresponding bank statements. Participants will learn how to clear Checks/Vouchers, Deposits, and Other Cash Items. They will discover when to create, and how to clear Suspense Items. They will also explore information on the Summary page. The session concludes with a discussion of summary, detail, default, and customized reports.