Does CORE have automatic bank reconciliations?
CORE provides lists of outstanding and issued checks which can be sorted and/or exported to excel for purposes of performing a bank reconciliation. However, currently, CORE does not have automatic bank reconciliations. We are currently outlining specifications for automating our bank reconciliations. We envision having the ability to download into CORE from your financial institution bank balance, fees, cleared checks and debits/credits. From here, a simple click through interview would complete your monthly bank reconciliation. We are in the process of outlining specifications for this functionality. We expect to have automatic bank reconciliations available for release mid to late 2007.
