| Overview |
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Here you will learn more about what you should do
before reconciling, the process of reconciling, and the
benefits and limitations of the reconciliation tool. |
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| The Process of Reconciliation |
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In a perfect world, there would be no need to reconcile. In reality, however, there
are always errors and we rely on
many variables to maintain our data integrity
including people, hardware, software, and electrical supply.
A monthly routine of balancing your sub-ledgers to the
General Ledger, ensures accurate financial reporting for
you company and verifying
that the balances on your month-end reports are correct is an essential part of your month-end procedures.
To have
faith in your system, you must ensure that its output is
always correct.
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| Pre-reconciliation Tasks |
Use the following links to post entries in each application. The
recommended order is as follows:
Accounts Payable
Accounts Receivable
Job Cost
Cash Management
General Ledger
Note: Review all posting journals for rejections.
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| FAQ |
Click
here for a list of Frequently Asked
Questions.
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| Anytime Learning |
Click
here to view a list of Anytime Learning Sessions.
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| Timberline Knowledgebase |
The
online knowledgebase allows you to search for frequently asked questions and find solutions to common problems.
To use the knowledgebase you must have internet access and your Timberline customer ID.
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- Recommended order to reconcile.
- Reports compile information that would normally take multiple reports.
- Consistent and standardized workflow.
- Knowledgebase article numbers for correction are supplied
when possible.
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- ABC prefix (ex. xx-xx-xx.xxxx) will be
available in a future release.
- Reports may take more than a few minutes to
open depending on the size of your dataset, the speed of
your computer processor, your network speed, etc...
- When a report is displayed the window is not in the full screen
so you will have to resize manually.
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| Future Application Additions |
- Payroll
- Property Management
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