If you are an accountant, cashier, bookkeeper or finance person in any capacity, you will agree with me that the task of reconciliation can be daunting when you don’t have the right tool at your disposal to make it easier.
Microsoft Excel is a tool that is used by a wide range of individuals across the globe. I will like to state here that the level of skills you have in Excel will determine the result you can achieve.
I have designed a template that can help you perform the task of reconciling cash book with bank statement.
The Bank Reconciliation Manager (also called the cash book manager) is an excel template designed to ease the task of:
- Capturing daily business transaction (Sales & Purchases)
- Capturing the VAT element on every transaction
- Reporting of financial activities
- Bank Reconciliation
This template is automated and designed with simplicity to assist the user in performing the above task.
Designed with Microsoft Excel 2010 version and requires just basic knowledge on excel to operate it.
The Bank Reconciliation Manager does not require a monthly subscription. Just one-time payment and you have it for life. Sounds good right?
All you need to get started with The Bank Reconciliation Manager is a laptop or desktop with Microsoft Excel installed in it.
Here is a quick tour on the different section of the Bank Reconciliation Manager
To understand how to set up all the necessary details about your business on this template, watch this demo video
Understanding how to capture cash transactions on The Bank Reconciliation Manager is key to maximizing the benefit of this template. Follow the step by step guide here
You will agree with me that the essence of having a good record system is to be accountable and make decisions that will enhance the growth of the business at any point in time. In order to make such an informed decision, a good reporting system is required. This template has a good reporting system that helps you achieve that. Watch the step by step guide here
The Bank Reconciliation section of the Bank Reconciliation Manager is fully automated and makes it very easy for the user to perform monthly bank reconciliation on any bank account. Knowing how bank reconciliation task can be frustrating and time-consuming, this template has made it quite easy to perform. Here is the video guide
As a business owner and a professional managing financial transactions, you need this excel template to ease the task of performing bank reconciliation in just a short time.
You can have this template with just a token compared to what you will pay for accounting software.