Account Reconcilement Overview Tour

To access ARP, select the Payables section in KeyNavigator, and click on Account Reconcilement.

There are four ARP reports available on KeyNavigator as seen in displayed in these dropdown options: Check Reconciliation, Deposit Reconciliation, Daily Reports / Audit Listing, and Corporate Banking Statement.

For full reconcilement, prior to check disbursement, you will provide issue information. As checks are paid, they are reconciled against the original data. Reporting provides check paid date, dollar amount, check number, exceptions, stop payments, cancels / voids, ACH items, outstanding or unpaid checks, and paid no issues.

Checks with misread or missing MICR information are identified and the best effort is made to correct the data prior to reporting.

ARP reports are available weekly or monthly and can be sorted by serial number, dollar amount, or date.

Report provides information by deposit, location, and date with detail and summary information. If you have multiple locations making deposits into a single account, a deposit reconcilement report can help organize deposits for reconciliation against your system of record.

Locations are assigned a location number, which is used on the deposit slip MICR line.

Available the day after issue information is provided, you can review this daily to ensure that all checks issued have been entered into the system. If any issues are missing you can include them in your next file or data enter them through KeyNavigator's Issue Maintenance section.

In addition to being available via the Information Reporting section on KeyNavigator, the corporate banking statement can also be retrieved and viewed along with ARP reports.