Prerequisites

Before running the Book to Bank Reconciliation process, verify that you have correctly configured your general ledger accounts and external bank accounts. Note the following configuration considerations:

• Define your external bank accounts so that there are no duplicate general ledger business unit and general ledger account combinations.

• Do not define the same bank ID and account number multiple times either under the same SetID or under different SetIDs. This type of setup causes reconciliation issues.

Note:

There can be up to three ledger cash accounts per external bank account (one each for Payables, Receivables, and Treasury applications) as illustrated in this table:

Bank	Account	GL Business Unit	Ledger Type	GL Account
USBK1	0001	BU001	A - AP Cash	111111
USBK1	0001	BU001	C - AR Cash	111111
USBK1	0001	BU001	H - TR Cash	111111
USBK1	2222	BU001	A - AP Cash	222222
USBK1	2222	BU001	C - AR Cash	333333
USBK1	2222	BU001	H - TR Cash	444444
USBKZ	WXYZ	BUXXX	A - AP Cash	111111
USBKZ	WXYZ	BUXXX	C - AR Cash	222222
USBKZ	WXYZ	BUXXX	H - TR Cash	333333

• Ensure that the same currency code that you specified for the general ledger account is used by the bank account.

  If you configure the bank account with a different currency code than the general ledger account, the bank account displays balances that are revalued in the base currency of the general ledger account in the Book to Bank Reconciliation component. This might result in currency rounding errors.

• Run the Journal Generator and Journal Edit and Journal Post processes in General Ledger.