Today is the time of internet and mobile banking.
Now, your Tally.ERP 9 software will check which bank transactions were passed by your accountant and which transactions were passed by your Bank.In reconciliation report, all the account and amount which is not our books will show. Tally will show the report which transactions is not passed in our books through unreconciled list of entries from the bank statement under the amount not reflected in company books. In the bank account's right side, you will see reconcile. Just go to Display, then go to ledger accounts, then go to cash and bank account. Now, you have to use the import feature of Tally.ERP 9 and import the downloaded bank statement.ģrd Step : Check Amount of Bank Statement not Reflected in Company's books Just login your net banking and Open the account statement for the period which you want to do auto bank reconciliation.Ģnd Step : Import the Bank Statement in Tally.ERP 9 After this, you can use this.ġst Step : Download Your Bank Statement in Ms Excel format through Your Net Banking
If you want to use this facility, you need to buy the Tally.ERP 9.
Remember it, this facility is not in free educational version of this accounting software. Today, I am teaching automatic bank reconciliation in Tally.ERP 9.
In past lecture, I had taught you the manual system of bank reconciliation in Tally.ERP 9.