Loan Performer allows you to carry out a Bank Reconciliation for the various bank accounts that you operate. This will help you to know whether the amount of cash at bank as reported by Loan Performer is consistent with the amount of cash shown in the bank's records.
Loan Performer contains a record of the bank transactions, i.e., cheques written, cheques received from customers for the bank accounts. On the other hand the bank also creates a record of the company's transactions when it processes the company's cheques, i.e., deposits, service charges, and other items.
The Loan Performer Bank Reconciliation module can be used to reconcile different accounts to the respective bank statement and the features include the following:
The Nº 1 Software for Microfinance