[vc_row speed=”0.20″ row_seperator=”no-seperator” top=”10px” bottom=”70px” full_content_width=”row-inner-full” bg_image=”2986″ bg_cover=”cover”][vc_column width=”1/1″][vc_empty_space height=”250px”][/vc_column][/vc_row][vc_row speed=”0.20″ row_seperator=”no-seperator” top=”35px” bottom=”70px”][vc_column width=”1/2″][vc_column_text]Auto-reconciling cash received versus cash booked with multiple retail locations is a business problem that no ERP system has adequately solved. This demonstration goes through the list of issues and resolutions for retail reconciliations.
Learn how to improve efficiency and accuracy for reconciling retail store cash receipts:
- Auto-reconciling difference in GL postings to bank statements up to certain tolerance
amounts or percentages.
- Auto-uploading bank statements and auto-coding charges, interest payments, sweeps
and other manual transactions.
- Auto-uploading credit card statements and auto-coding charges to specific ledger codes
including specific coding for specific stores.
- Reconciliation Reporting, Audit Capabilities, Security Groups and Languages.
- Dealing with bank statements from multiple banks and receiving files in multiple different
- Displaying and recording bank account movements and balances including receipts
movements and payments from which forms the basis for cash forecasting.
- Reconciling payment in transit accounts or suspense accounts.
- Handling timing difference between receiving cash on your statement and your general
- Learn tricks of the trade for increasing auto-matching your reconciliations including data
prefix stripping, suffix stripping, summed matches and auto-populating additional
This presentation will be based on strategies used by Cashbook to drive over 100% cash reconciliation productivity gains at a major restaurant chain with multiple store locations.[/vc_column_text][vc_empty_space height=”32px”][vc_button title=”Download PDF” size=”wpb_regularsize” color=”btn_themecolor” icon_name=”fa-file-pdf-o”][/vc_column][vc_column width=”1/2″][vc_raw_html]JTNDaWZyYW1lJTIwc3JjJTNEJTIyaHR0cHMlM0ElMkYlMkZwbGF5ZXIudmltZW8uY29tJTJGdmlkZW8lMkY3NzE4MDY3MiUyMiUyMHdpZHRoJTNEJTIyNTAwJTIyJTIwaGVpZ2h0JTNEJTIyNDIzJTIyJTIwZnJhbWVib3JkZXIlM0QlMjIwJTIyJTIwd2Via2l0YWxsb3dmdWxsc2NyZWVuJTIwbW96YWxsb3dmdWxsc2NyZWVuJTIwYWxsb3dmdWxsc2NyZWVuJTNFJTNDJTJGaWZyYW1lJTNFJTBB[/vc_raw_html][vc_widget_sidebar sidebar_id=”CUSTOM-about-us”][/vc_column][vc_column][vc_row_inner][vc_column_inner width=”1/1″][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]