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How will the agencies be able to bring their bank recon or verify balances when they don’t receive all of their bank data until mid to late May for April?

April 26, 2017able agencies balances Bank bring Data don’t recon verify

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How will the agencies be able to bring their bank recon or verify balances when they don’t receive all of their bank data until mid to late May for April?

1 Answer

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10 Posted

Each agency will need to run queries to verify what is posted as of Friday and then run them again on Sunday after they have posted transactions. They can get their cash balance from the trial balance run on Friday and then Saturday night.