umbrella payroll services and ERP software company

The cash book sub-system within the Nominal Ledger features an easy to use Cash Payments & Receipts facility. All receipts and payments can be tagged with a folio/cheque number and marked as cleared or un-cleared at the time of entry. The sophisticated bank reconciliation screen allows you to clear receipts by folios. Where required, folios can be expanded to show individual cheques to enable reconciliation by cheque number as well. Funds can be transferred between bank accounts of same currency as well as different currencies. Bank reconciliation can be done for foreign currency accounts.