Perform Automatic Eliminations

Use the Reconcile tab under the Bank reconciliation submodule to perform automatic eliminations.

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

To perform automatic eliminations:

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 for which you want to perform automatic eliminations.
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 that you want to perform automatic eliminations for.
5. Click the Reconcile tab and click Auto elimination .
   WorkBook reconciles system and bank account transactions with the same text, amount, and date.