Bank Reconciliation Module (CFG-FC04)

about this course

The 2 days Century Financials Bank Reconciliation training explores the accounting cycle and the processes required to manage cash book transactions that affect cash book balance.

This training will show you how to perform the reconciliation process and its interaction with sub modules and ensuring accuracy of your financial data and keeping data consistent and accurate.

course objectives

  • Reconcile the cash book items with bank statement items
  • Identifying the appropriate supporting documents to be used for audit purposes, financial analysis, and to verify data entry.
  • Identify key causes which leads to reconciliation problems.
  • Make appropriate adjustments to rectify reconciliation problem.
  • Indentify the impact of the Bank Reconciliation on other modules.
  • Understanding how each type of transaction posted in the system will update in the General Ledger and the balance in Bank Reconciliation.

target audience

Employee who are in charge of the Accounts Department particularly in Cash management and Reconciliation work

course outline

Day 1

Introduction
Brief explanation of the Cash Book Bank Reconciliation.

Setup
Cash Book Bank
Cash Book Load Statement
Cash Book Statement Entry

Bank Reconciliation Operations
Preparation of the Bank Statement
Confirmation of the Bank Balance
Analyzed the Cash Book and Accounts Payable Transactions
Understand the impact of future printed cheque, bank transfer, expired cheque & deposit slips.
Understand the impact of EFT transactions
What are the causes of imbalance bank reconciliation

Day 2

Bank Reconciliation Operations
Matching of the Statement Items & verification process
Bank Statement Adjustments
Cash Book Journal Entry
How to check differences between Cash Book & General Ledger

Reporting
Bank Reconciliation Report
Cash Book Payment Audit Trail Report
General Ledger Transactions Detail Report

Administrative Details
  • Course Fee
    RM 1,590 / pax (incl. SST)
  • Duration
    2 Days
  • Lunch and refreshment provided

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How can we help you?

Contact us or e-mail us today and we will get in touch with you on your inquiry.

The training was well organized and the trainer presented it very clearly. He was able to explain in simple terms for all the newbies to understand the system

Fazid Ahmad

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