The Bank Transactions module is a part of the robust Accounting system found in the RFMS Business Management System. Bank Transactions allows you to control your bank accounts and perform monthly reconciliations with ease.
The system allows for an unlimited number of accounts (cash, savings, payroll, etc.) and allows you to transfer funds between accounts in one simple step.
As with any business, access to the check book should be protected at the highest level. The Bank Transactions module has built in safeguards to create a check and balance system to ensure your valuable assets...your money...is safe and secure.
- Offers an unlimited number of check registers
- Automatically writes all payables checks
- Allows posting of handwritten or typewritten checks
- Automatically posts all deposits and checks to General Ledger
- Provides printout of all check activity in chronological order
- Automatically reconciles bank accounts
- Maintains record of all outstanding checks and deposits
- Allows automatic transfers from one account to another
- Convenient access to all banking features
Click to view overview of the Banking module.