Learn How to Do Bank Reconciliation Process in SwilERP

Bank Reconciliation Process

How to Do Bank Reconciliation Process in SwilERP (RetailGraph)


Bank Reconciliation is an essential process in accounting in which organizations match their bank statements with the transactions recorded in their general ledger. Preparing a bank reconciliation statement helps businesses eliminate possible transactions or bookkeeping errors.

In the SwilERP software, there is an option to do the bank reconciliation process in the Accounts section.

Start with Login in the SwilERP dashboard to initiate the process:

  1. Go first to Accounts Menu.
  2. Select the Bank Reconciliation option.
Image as per below:-
SwilERP Dashboard Window

Process of how to do bank reconciliation:

  1. Go to the Home tab in the Bank Reconciliation window.
  2. Select the Date Range 'From to To,' and the transaction will be shown accordingly.
  3. Select the Bank Account name whose bank account transaction you want to reconcile.
  4. Now select the ReImport option, which is given top of the window.
  5. Now you can Reconcile Bank Date as per Bank Statement.
  6. After that, Bank Statements and Account Books should be equal.
  7. To save this page, click on the Save option.
Note:- Click on the View option to view already reconciled transactions.

Image as per below:-
Bank Reconciliation Window
  1. If you want to link the vouchers with the account, click on the Link With Account option.
  2. Next is Select Voucher from the drop-down list that you want to link with an account.
  3. After choosing the voucher, click on the Link option.
Image as per below:-
Voucher Link Window

How to Print and Preview:

  1. If the user wants to take the printout of this page, follow the below easy steps:-
  1. Go to the View section.
  2. To view the preview of the page before printing, click on the Preview tab.
  3. To take the printout, click on the Print tab.
Image as per below:-
Print & Preview Tab Window

How to view the reconciliation report:

  1. If the users want to view the reconciliation report, they can view it from the Home section.
  2. To view the report, click on the Reconciliation Report option.
Image as per below:-
Reconciliation Report Window

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