Learn How to Do Bank Reconciliation in SwilERP Pharmacy Software

Create Bank Reconciliation of Accounts

How to Do Bank Reconciliation in SwilERP Software


What is bank reconciliation?

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 to Accounts > Transactions  > Bank Reconciliation.


Reference Window:
Bank ReconciliationSwilERP Dashboard Window

  1. How to do Bank Reconciliation Process:

          Next Bank Reconciliation window will be open, to do process follow the below easy steps:- 
  1. Go to the Home tab.
  2. Select the Date Range 'From to To.'
  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.

Reference Window:
Bank Reconciliation ProcessBank 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.
Reference Window:
Links VouchersLink With Account Window

  1. How to view Reconciliation Report:

  1. Select the Home tab.
  2. To view the report clicks on the Reconciliation Report.
Reference Window:
view Reconciliation ReportReconciliation Report Window

  1. How to Print and Preview bank reconciliation statement:

  1. Go to the View tab.
  2. To take the printout, click on the Preview and Print option.
  3. In print, the option selects the printer as per your convenience.
Reference Window:
Print and Preview bankPrint & Preview Tab Window
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