" Reconciliation software for CSB Notebook 43 "
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MISSION
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To provide Finance and Accounting Departments with a fast and easy way of processing
bank transactions obtained daily through Electronic Banking using the Superior
Banking Council's format 43 booklet.
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OBJECTIVES
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Reduce the time and resources needed to handle the high volume of cash
and bank transactions carried out by their e-banking customers.
+ see the Reconciliation Manual
+ see Example Statistics
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METHODOLOGY
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Movements are captured using the connection facilities Banks provide their
customers with via Electronic Banking Services. At the same time, an automatic
allocation of bank transfers is done, by analyzing each and every notebook 43
field necessary to gather criteria or define the rules for conciliation.
The bank movements are directly assigned to the Accounting Customer’s application.
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BENEFITS
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" For Financial Management "
- Automated processes for reconciling bank statements.
- A historical database (in online electronic banking transactions are
kept for limited periods, depending on the financial institution),
including all banking and accounting transactions that can be consulted
and reports and relevant statistics created.
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