Check Reconciliation
Use this option to reconcile pay checks against the data file provided by your bank. The Check Reconciliation option references the Bank File Format table, which identifies the bank and tells the system where to look for check numbers, amounts, and other information in the file.
During processing, the system compares check numbers from the Check Reconciliation (checkrec) table against those in the data file. If a check number matches, the check is marked as cleared.
Differences in amounts are noted in the Payroll Check Reconciliation report, which also lists checks that were already cleared or voided. The report's default file name is reconcile.rpt.
For related information, refer to:
Menu Path: Human Resources > Entry & Processing > Payroll > Check Reconciliation
Fields
Field | Description |
|---|---|
Bank Format | Code referencing the record that identifies the bank and its formatting requirements. |
Data File Name | Name of the file where the check data is stored. The default file name is recon.dat, which must be changed if the file name specified by the bank is different. The directory path preceding the file name depends on how your system is set up. |
Exceptions Only | Checkbox for limiting the report to checks that were not reconciled because of errors. Select the box to limit the printing. Leave it blank to print all checks, including those where exceptions are noted. |