The Bank Reports provide information on the bank account records, specifically a list of the bank accounts and a report on the bank deposits recorded in AccountMate.

Each of the Bank Reports is especially designed to provide several options so you can narrow down data to the specific information needed. Read the information below to get a closer look at each of the Bank Reports available in AccountMate.

The Bank Account Listing shows detailed information about the bank accounts including each bank account ID and description, account type, account number, bank routing number, GL Account IDs assigned to each bank, and currency used for the transactions using a particular bank account. This report is useful in reviewing the completeness of the bank account records set up in AccountMate and in verifying the accuracy of the GL Account IDs assigned to each bank account. The bank account records are set up using the Bank Account Maintenance function.

This report can be generated only for checking accounts, only for savings accounts, or for all account types. You can also choose to generate this report for bank accounts that are authorized for use only in Accounts Payable, in Payroll, in Sales Order and Accounts Receivable, or all bank accounts. You can also opt to show the remarks entered in each bank account record’s notepad.

The Bank Deposit Report provides a summary of all bank deposits in a specific period. This report is useful in determining which bank deposits have been verified. This report is especially helpful in reconciling bank deposits recorded in AccountMate against the bank statements.

You can select to generate this report for verified deposits only, unverified deposits only or all bank deposits.

Electronic Payment Report

The Electronic Payment Report provides information on the payment amounts collected from customers paid using direct deposit. The report shows the direct deposit transaction details as well as the deposit # and the AR receipt numbers that were included in each ACH deposit. You can use this report as reference in reconciling your bank account and book balances. This report is also useful for reviewing the direct deposit transactions per bank or per customer.

You can choose to include in the report voided direct deposit transactions and to show multi-currencies.