The Bank module provides a means of entering non-commission deposits, managing multiple cash accounts, and reconciling to your bank statements.

There are two types of transactions that will be handled in this module: Agent payments, and miscellaneous deposits such as utility deposit refunds, insurance settlement checks, and AR deposits. The Bank module also handles all cash reporting for the other modules such as check registers, deposit registers and current cash balance reporting.

REALedger Bank module will help you:

• Manage multiple cash accounts
• Manage miscellaneous deposits
  • Credit distributions
  • Payment applications
  • Refunds
• Manage agent deposits
  • Agent payments
  • Apply deposit to specific agent charges
  • Reconcile cash accounts to bank statements
    
• Create over 40 meaningful reports, including:
  • Cash Balance Report
  • Check Registers – AP, Payroll, Trust, etc.
  • Commission Deposit Reports
  • Monthly Audit Report
  • Non-commission Deposit Reports
  • Custom reports
    
    ...and many more!