Banking Reconciliation and Authorization Tools Course
Acquire expertise in bank reconciliation and authorisation tools to identify variances, curb fraud, and optimise cash oversight. Explore practical procedures, matching guidelines, and security measures that boost accounting precision and enable assured financial choices. The course covers data preparation, ledger setup, automated matching, exception resolution, and control mechanisms for effective financial operations.

flexible workload of 4 to 360h
valid certificate in your country
What will I learn?
This course equips you with hands-on skills to fix discrepancies, manage timing issues, and record precise correction entries. Gain knowledge on detailed reconciliation processes, matching criteria, data setup, along with robust controls for user permissions, approvals, notifications, and performance indicators to enhance cash management and minimise mistakes efficiently.
Elevify advantages
Develop skills
- Prepare bank data by cleaning, standardising, and structuring statements for swift reconciliation.
- Map ledgers by configuring cash, bank, and clearing accounts to ensure clear audit records.
- Implement automated matching using ERP and Excel rules for rapid and precise bank reconciliations.
- Handle exceptions by addressing fees, timing differences, duplicates, and incorrect receipts.
- Set up authorisation controls with alerts, approvals, and roles to avoid fraudulent activities.
Suggested summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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