Bank Reconciliation Statement
A Bank Reconciliation Statement (BRS) is a report that shows how much more or less money is in your ERPNext bank account than what is shown on your bank statement. It shows any differences that are due to checks that haven’t cleared, deposits that are still in the mail, or late postings.
Purpose
- Shows how the Balance as per Bank and the Balance as per ERPNext are different.
- Helps make sure that all of the Clearance Dates are current.
- Identifies pending transactions for reconciliation.
How It Differs from the Bank Reconciliation Tool
- Bank Reconciliation Tool > This tool is used to match, create, or update Vouchers to reconcile transactions.
- Bank Reconciliation Statement > Just a report that shows the differences that are currently there.
So, you usually use the tool first to reconcile, and then check this statement to make sure the balances are correct.
Steps to Access
Go to:
Home > Accounting > Banking and Payments > Bank Reconciliation Statement
