Adagio BankRec

A centralized module that tracks your balances and lets you manage your cash position.

Adagio BankRec is the easy way to track your bank account balances in Adagio. Also, BankRec provides a centralized application to manage your cash position.

Numerous features include, determine your current bank balances with a single mouse click; pick up transactions from Adagio Payables and send cash receipts to Adagio Receivables; account for NSF checks in a single step; and reconcile all your accounts to your bank statement and Adagio Ledger in minutes instead of hours.

Features

  • Up-to-date cash balances maintained to monitor cash position.
  • Auto-apply cash to outstanding invoices in Receivables.
  • Drill down from a deposit to see the individual checks making up the deposit.
  • Automatically reverse NSF checks, accounting for bank fees and client charges.
  • Integration with Adagio Payables automatically retrieves all checks written in that module and marks cleared items during bank reconciliation.
  • Reconcile your accounts to your bank statements and Ledger in minutes instead of hours using auto-matching with your electronic bank statement.

 

  • BR-View Transactions
  • BR-NSF
  • BR-View Deposit
  • BR-Bank List

Current Release

Version: 9.3A (2023.11.06)
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New Features

·         If a BankRec Payment entry had multiple details and the Cash Invoice number was identical except for the case, not all of the details went to the Payables Manual Check Batch.

·         Multi-selecting and emailing Receipts sent from an open batch, from the email queue, caused an \\\"Attempting to perform operation on unopened Batch Header file” error message.  This fix will only work for new emails sent to the email queue.

·         If 'Consolidate Bank Transactions?' was not selected in the Company Profile, the Batch Description was replacing the Entry Header Description line 1 as the 'Doc. Description' in the Send to G/L Description fields.

·         If 'North American Address?' is selected, the states for Mexico will be normalized to the 2 character state.

·         Receipts retrieved from Receivables will have formatted Receipt addresses and if ‘North American Address?’ has been selected, the Country will be normalized.

·         Entry Templates have been updated.  Delete is the only batch entry option that affects the Open Batches window and the Batch Entry List.  If Disable or Hide have been enabled for this button, it will affect the button on these windows only, effectively preventing a user from deleting an entire batch or any entries within the batch.  As long as the Button: Edit is made available, a distribution within an entry may be deleted.

·         For JobCost 93A: Customer Name has been added to the list of fields available to display in the finders/smartfinders for Job, Phase and Category.

·         If the Company Profile is set to use “North American Address?, Import Receipts will validate State/Province. If Country is imported, it will also be validated.

·         The Country list that will be normalized when 'North American Address?' is selected has been expanded to include more countries.

For editing Payables Vendors, if ‘North American Address?’ has been set in the BankRec Company Profile, Options tab and in Payables 9.3C on the System Options tab, Vendor Addresses will be normalized based on the setting for ‘Normalize Country To’.  If these options are not set in Payables, the Country will be normalized to ‘Full Name’.

For editing Receivables Customers, if ‘North American Address?’ has been set in the BankRec Company Profile, Options tab and in Receivables 9.3B on the System Options tab, Customer Addresses will be normalized based on the setting for ‘Normalize Country To’.  If these options are not set in Receivables, the Country will be normalized to ‘Full Name’.

For the addresses in Bank edit and Edit Company Profile as well as the Edit or Import of Receipt Addresses, the Receivables setting for ‘Normalize Country To’ will be used if Receivables Interface is selected.  If Receivables is not interfaced, the Payables setting for ‘Normalize Country To’ will be used. If Receivables and Payables are not interfaced, then Country will be normalized to the ‘Full Name”.

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