Reconciliation Processing to General Ledger

The reconciliation process using the GL Post Cleared Checks to GL (BKRCPS) utility was developed for clients who need to post to the general ledger when checks clear the bank. The process uses the posting logic of the Subsystem Interface (GLUTSPSI) entries flagged with a "B" (Bank) date code in GL/AP/DIST or GL/OH/DIST.

Setup

Two common codes can be configured for the reconciliation process: BKRC/POSTCD and BKRC/POST.

Process

First, run a test posting of cleared checks (BKRCTP) to verify the GL postings are correct for a given bank statement. The Bank Recon GL Posting report that shows the checks and dollar amounts identified by the process as well as any errors detected.

If all posting information looks correct, run BKRCPS to post transactions to the general ledger for a given bank statement. Like the test posting process, it will produce the Bank Recon GL Posting Report and Distribution Report. When the job completes successfully, it posts transactions to the general ledger and updates the bank statement to indicate it has been posted.