Generate and Finalize Journal Entries for Bank Transactions

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

To use the Bank Reconciliation submodule, you must have access to Finance & Administration as defined in the User Access Rights submodule 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 system, use the drop-down list above the left pane of the Finance & Administration screen to select the company containing the bank transaction that you want to generate and finalize a journal entry for.
3. In the left pane of the Finance & Administration screen, click Month-end > Bank reconciliation.
4. Click the Bank Account tab and highlight the bank account with the transaction that you want to generate and finalize a journal entry for.
5. Click the Reconcile tab.
6. In the upper right quadrant, select the check box of the imported bank transaction that you want to generate a journal entry for 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 applicable 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 screen and in the Journals submodule.
8. In the confirmation dialog box, click OK.