Semi-manual reconciliation in peoplesoft

peoplesoft reconciliation process

PeopleSoft provides you with many different ways to reconcile balances, from a fully automated approach to one where you manually compare transactions. The perform the Bank Reconciliation in PeopleSoft. Total PeopleSoft generated checks and vouchers marked as manual check in Semi Manual Reconciliation.Setting Up Reconciliation · 1. Select the Setup Bank Statement (PS_BANK_STMT_SETUP) reconciliation rule. · 2. Locate the row with a Recon Status of MSC on the PeopleSoft enables you to reconcile transactions using a variety of reconciliation processes. After you have reconciled bank statement transactions, PeopleSoft enables you to reconcile transactions using a variety of reconciliation processes. After you have reconciled bank statement transactions, you then PeopleSoft provides you with many different ways to reconcile balances, from a fully automated approach to one where you compare transactions manually. The system creates journal entries only in automated reconciliation if you set up reconciliation tolerances for discrepancies of amounts. For semi-manual or