Bank Reconciliation: Introduction & Troubleshooting | MIP® Fund Accounting Training (BR-C-100)

Build a strong foundation in bank reconciliation with this MIP® Fund Accounting training. Learn to reconcile General Ledger cash accounts with corresponding bank statements, clear Checks/Vouchers, Deposits, and Other Cash Items, and manage Suspense Items effectively. The course concludes with an overview of summary, detail, default, and customized reports to enhance reconciliation accuracy and reporting.

By the end of this session, you will:

• Reconcile General Ledger cash accounts with bank statements
• Clear Checks/Vouchers, Deposits, and Other Cash Items
• Create and clear Suspense Items effectively
• Navigate and understand the Summary page
• Generate summary, detail, default, and customized reports