Manual bank reconciliation (BST)
Sometimes the bank reconciliation must be done manually. The Bank statement (BST) application lists all bank statement documents. These documents are based on the files imported from the bank(s).
Create a Bank statement (BST) manually
Start in the Bank statement (BST) application. To enter the Bank statement (BST) application, go to the RamBase menu, select Finance, navigate to Cash management, and then click on Bank statements.
Click on the Create new bank statement button in the Bank statements area.
Choose a bank from the drop-down menu. When a Bank is selected, then the main grid is automatically filtered by the selected bank.
Booking date field: Select booking date based on the bank statement
Closing balance field: Enter the closing balance for the chosen booking date.
External bank reference field: Optional to enter a value, for example a reference from the bank stated on the bank statement.
Check the Exclude from automatic reconciliation checkbox. When the Exclude from automatic reconciliation option is checked, the reconciliation popover will appear after a new bank balance is created. By checking out the Exclude from automatic reconciliation checkbox, the selected bank will not be automatically included in the process where the system matches transactions to ensure they correspond with bank records. This allows for manual review and prevents the system from reconciling these items without user intervention.
Click Create. A new bank statement and transaction are generated, both set to Status 2 upon creation.
Please read Automated bank statement reconciliation (BST) on how to link Payments (PAY) to a bank statement item.