Reconciliation - FIN3610

Finance > Maintenance > Credit Card > Reconciliation

This page is used to reconcile credit card statements against the credit card transaction table. Credit card transactions can be reconciled by only the vendor, or by the vendor and credit card code. You must have the credit card account statement in hand prior to reconciling the transactions.

Reconciling credit card transactions creates a single check amount that will post as a PA check transaction for payment to the vendor associated with the retrieved credit card code.

Retrieve credit card transactions

Retrieve credit card transactions.

Search for credit card transactions.

Vendor	Begin typing the vendor name or number for which you want to reconcile credit card transactions. As you type the data, a drop-down list of corresponding data is displayed. Select a vendor number or name, and click Retrieve. Only active credit card vendors that are in use by a transaction are displayed in the drop-down list.
Credit Card Code	Type the corresponding credit card code that you want to reconcile. As you type the data, a drop-down list of corresponding data is displayed. Select a credit card code. Only credit cards codes that are assigned to the selected vendor on the Tables > Credit Card Codes page are displayed in the drop-down list.
Acct Period	Click to select an accounting period to reconcile. Options include the following: YTD Processed Current YTD + Current All YTD + Current + Next
Include Prev File ID	Select to include all credit card transactions from the previous file ID. Notes: If Include Prev File ID is selected, the previous file ID is not exported. It is recommended that the users use the Export by File ID utility before the bank statement is reconciled. A check can be created in file ID C for a transaction in the previous file ID if Include Prev File ID is selected when reconciling the transaction. Click Retrieve. All pending credit card returns/payments and outstanding credit card charges for the selected credit vendor or vendor and card code, and accounting period are displayed. Credit card payments and returns that have not been reconciled are displayed under Credit Card Returns/Payments. Credit card charges that have not been reconciled are displayed under Credit Card Charges.

Reconcile a credit card statement:

Select the credit card returns and payments or outstanding credit card charges in one of the following two ways: Select Recon for each of the return/payment or credit card charge to be reconciled. Under Credit Card Returns/Payments or Credit Card Charges, click Select All to choose all returns/payments or credit card charges to be reconciled. Or, click Unselect All to clear the selected fields.

Field	Description

Click Save.

**NOTE:

Other functions and features:

	Delete a row. Click to delete a row. The row is shaded red to indicate that it will be deleted when the record is saved.

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Reconciliation - FIN3610

Retrieve credit card transactions

Reconcile a credit card statement:

Other functions and features:

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Reconciliation - FIN3610

Retrieve credit card transactions

Reconcile a credit card statement:

Other functions and features:

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Americans with Disabilities Act (ADA) and Web Accessibility