Create Bank Statement Entries for Bank Interests and Fees

You can automatically create the bank entries from within the bank statement reconciliation.

To create bank statement entries for bank interests and fees, complete the following steps:

1. From the Vision Navigation menu, click Accounting > Bank Reconciliation.
2. Enter the amounts for bank interest and fees in either of these ways:

   Option	Description
   If you want to enter amounts while selecting a statement	On the Bank Statement Selection dialog box, click the drop-down arrow in the Bank field and select the bank. Interest Revenue, Bank Fees, and user-defined bank entries (if any) appear on the dialog box. In the Statement Status field, click the drop-down arrow to create a new statement or select one that is in-progress. Enter a statement date in the New Statement Date field or In Progress/Close Statement Date field. Enter amounts for the bank entries, and click Select button.
   If you want to enter amounts after selecting a statement	On the Bank Statement Selection dialog box, select the bank, statement status and statement date, and click Select. On the Main tab of the Bank Statement Reconciliation form, enter amounts for the bank entries.

3. On the Bank Statement Reconciliation form, click the Create Entries tab, and complete the information in the fields on the tab.
4. Click the Create Bank Statement Entries button to generate the cash disbursement and/or cash receipt entries.
5. On the dialog box that tells you the active period in which the cash entry will be created, click Yes to continue.
6. On the dialog box that tells you the transaction batch file name that was created, click OK to continue. You are returned to the Create Entries tab, and the cash entry has been created and saved.
7. From the Vision Navigation menu, click Transaction Center > Transaction Lists, select the transaction file for the cash entry, and review it.
8. From the Vision Navigation menu, click Transaction Center > Transaction Posting.
9. In the Transaction Type field on the Transaction Posting form, select the transaction type. Bank statement entries are cash disbursements and/or cash receipts transaction types.
10. Double-click the transaction file for the bank statement entry from the list, and click Yes on the dialog box that asks if you want to post the selected file.
11. On the next dialog box, choose if you want to print a posting log.
12. On the dialog box that confirms that the records were posted, click OK. The cash entry is posted, and you are returned to the Transaction Posting form. Once posted, the bank entries appear on the related bank statement.