Hi
Firstly I like the work done on the Bank Reconciliation screen but I think its still missing some great features.
Please forgive me if I have not worked out how to do these correctly and they are in the product
1/ Mixed Withdrawal and Deposit Bank Entries
2/ Transaction Type filter for Bank Entries - currently withdrawals, deposits , All
3/ When Bank Entries posted they should autoreconcile on bank rec - or at least have option to
4/ Still missing Taxable Deposits - if you can do on a withdrawal you should be able to do on deposits
Hope these can make it into the next edition.
Regards
Stacey
by: Stacey O. | over a year ago | Financial Management
Comments
Agree
Also after training a new user it is missing 2 things that used to be there
1/ Simple Search
2/ Ability to click in withdrawal number field and start typing check number and it would auto take you to entry.
Both features heavily used by my clients
Bank Entries are extremely annoying. Bring back the ability to enter a date per detail line and have these not posted as a batch.
If you have 50 bank entries on your statement you cant create 50 batches with 50 indiviual entries to accomodate the dates
ok guess whos doing year end bank recs.
The Bank Entries should also default to the date of the bank rec, not the current date. I can see lots of clients posting the the wrong period because of this
Agree to the above.
Also, it should not be necessary to know the outstanding amount when clearing deposits by detail and to have to enter the amount on the reconciliation screen before clearing the details. You should be able to clear all that are on your bank statement and the system should calculate the outstanding amount because there may be more than one outstanding transaction and you may not know this total until you are reconciling the details.
Another feature we should have is the ability to clear any item in the details of a deposit batch with "bank error or write off". Currently, there are only cleared or outstanding as the choices.
to keep this topic hot do I just keep posting on it
I concur with all of Stacey O's complaints. Bank rec is now taking approximately 400% longer.
We have managed to use a workaround for the old "bank entries" tab by using the quick entry receipt in AR - but this is not the point. Workarounds are undesirable.
Another issue with bank rec is that you cannot see the AP payment code in bank rec anymore. We need this code to differentiate between various payment methods.
This is an issue and taking far longer than before.
This is a big issue. Our Bank Rec in Accpac 6.0 takes MUCH longer than when using Accpac 5.4. Please look at rectifying.
Feedback from staff responsible for bank rec in our organisation is that several good features from earlier versions, as noted by previous correspondents, are missed and contribute to the new release being less efficient than previous.
~Horrible Bank recs in V6.0
Take forever to do, recalculate, post a "bank charge" entry and it takes you to the top of the list instead of where you were previously.
Supposedly was an improvemenr from the 5.6 rubbish but it is even slower
Needs fixed urgently
As mentioned before, more search is a must. Alos different SORTs. As of nowm only Date and Document No. We need sort by Amount, Payee, Description...
"Quick clearing" in Version 6.0 is not actually quick at all. I try to clear a range of cheques and it takes about 3 minutes to finish the process. Very annoying.
HI All
Want to keep this alive so I will summarise the suggestions
1/ Mixed Withdrawal and Deposit Bank Entries
2/ Transaction Type filter for Bank Entries - currently withdrawals, deposits , All
3/ When Bank Entries posted they should autoreconcile on bank rec - or at least have option to
4/ Still missing Taxable Deposits - if you can do on a withdrawal you should be able to do on deposits
5/ Simple Search
6/ Ability to click in withdrawal number field and start typing check number and it would auto take you to entry.
7/ Bank Entries are extremely annoying. Bring back the ability to enter a date per detail line and have these not posted as a batch.
If you have 50 bank entries on your statement you cant create 50 batches with 50 indiviual entries to accomodate the dates
8/The Bank Entries should also default to the date of the bank rec, not the current date. I can see lots of clients posting the the wrong period because of this
9/Also, it should not be necessary to know the outstanding amount when clearing deposits by detail and to have to enter the amount on the reconciliation screen before clearing the details. You should be able to clear all that are on your bank statement and the system should calculate the outstanding amount because there may be more than one outstanding transaction and you may not know this total until you are reconciling the details.
10/Another feature we should have is the ability to clear any item in the details of a deposit batch with "bank error or write off". Currently, there are only cleared or outstanding as the choices.
Please please please make the bank rec better!
Need the payment code in bank rec detail. After upgraded to 2014, this feature is removed!
We are updating the receipt entry daily. But NETS and credit card payment are credited into bank 1 day late, whereas cash and cheque credited once a week.
Because of the timing issues, there are always a number of receipt entries which can only be cleared in the following month when the $ received in bank.
‘Payment code’ is the important information for us to reconcile the amount in accpac against bank statement monthly.
It is quite tedious and time consuming to drill back one by one just to see the payment code.
Wow still no progress on the bank rec screens. Lucky this program just shows original post as över a year ago"
Another one to add to the list o
. For some reason future transactions beyond the bank statement and posting date are appearing as outstanding transactions.
This is not how a bank rec works and you should be able to post a bank rec without these appearing.