GP2013 reconciliation compared to Nolan Advanced Bank Reconciliation

Users of Nolan Advanced Bank Reconciliation may be wondering whether the new reconciliation functionality in GP2013 will do everything that they currently expect their bank reconciliation module to do. Please find here a quick explanation of the differences between ABR and standard GP bank reconciliations. Standard GP bank reconciliation allows you to reconcile your chequebook with your bank statement, however your chequebook is not always necessarily the same as what is on your General Ledger for your bank balance. The new functionality introduced to GP2013 is a mechanism for checking that your chequebook balances with your bank balance in the General Ledger. This is not the same the as Nolan’s Advanced Bank Reconciliation (ABR) as the ABR module already matches what is on your GL with what is on your bank statement in one easy to use intuitive process. If you’d like further information on the differences between GP2013 reconciliation and our ABR module for Dynamics GP, or have any other queries relating to bank reconciliations then please do not hesitate to contact your Nolan Product Account Manager or me on 01252 811 663. Nolan Advanced Bank Reconciliation for Microsoft Dynamics GP