Research how to reconcile a bank account using that software

The CEO of Riskco wants to change their accounting software. Using internet research, you must perform the following tasks:

  • Choose an accounting software
  • Research how to reconcile a bank account using that software
  • Incorporate the bank reconciliation procedures using your chosen software into the below Riskco bank reconciliation procedures:

Risckco bank reconciliation procedures

When all the transactions for the month are entered a bank reconciliation is to be performed. The bank reconciliation must be finalised on the 5th business day after the end of the month. Each transaction must be matched and then entered into the accounting system using the correct codes. It is important to use the correct dates, suppliers, customers, GST codes etc depending on the transaction. The cash per ledger as at the end of the month must reconcile to the closing bank balance as per the bank statement at the end of the month. The bank reconciliation report along with the supporting documentation must be reviewed by the account’s manager.

find the cost of your paper

Controlled Substance Act (1970)

Final Paper Assignment The primary goal of your final assignment is to critically analyze  the specific topic you have chosen regarding American national  government. You have been preparing for this….

Texas’s Shift from Blue to Red Informs 2014 Races

Consider the discussion in “Texas’s Shift from Blue to Red Informs 2014 Races.” The “red-blue” debate in Texas is essentially an issue of party realignment. The transformation of Texas from….

The Bill Of Rights: Assessment

Imagine your area is in a state of emergency and you are concerned about the balance of liberty and security as people try to return to their normal lives, recover….