Generate and Finalize Journal Entries for Bank Transactions

Use the Reconcile tab under Bank Reconciliation to generate and finalize journal entries for selected bank transactions.

To use Bank Reconciliation in the Month-End submodule, you must have access to Finance & Administration as defined in User Access Rights under Settings.

To generate and finalize a journal entry for a bank transaction:

1. On the main toolbar, click Finance & Administration .
2. If you have more than one Company in your WorkBook system, use the drop-down list above the left pane of the Finance & Administration page to select the Company that contains the bank transaction for which you want to generate and finalize a journal entry.
3. In the left pane of the Finance & Administration page, click Month-End > Bank Reconciliation.
4. Click the Bank Account tab and highlight the bank account that has the transaction for which you want to generate and finalize a journal entry.
5. Click the Reconcile tab.
6. In the upper-right quadrant, select the check box of the imported bank transaction for which you want to generate a journal entry and click Generate and Finalize a Journal Entry for the Selected Bank Transaction .
7. In the Add New Entry dialog box, enter or select the appropriate information and click Finalize and Post.
   WorkBook creates a journal entry for the transaction, which you can view in the upper-left quadrant of the page and in Journals under the General Ledger submodule..
8. In the confirmation dialog box, click OK.