Process My Bank Statement

This article describes step-by-step how to process your bank statement using the Cashbook Utility.

Steps

1. Download your Bank Statement from your Bank's Internet site or other electronic banking system.
2. Open the Cashbook Utility and select the Bank Account that you want to process the statement for.
3. Click on the Statement Transactions Tab
   
   
   Now the Statement Transaction sheet will have appeared.
   
4. Import the Bank Statement.
5. Assign Account codes to the transactions that do not have Auto Allocation rules.
6. Split Transactions as required.
7. Create Auto Allocation rules for new recurring transactions if applicable.
8. Export the Transactions to Pastel.
9. Import the Transactions into Pastel.
10. Match Open Item Customer and Supplier transactions.
11. Reconcile the Bank Statement.