2012 Innovations to Bank Reconciliation

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The Reno-Sparks Convention and Visitors Authority kicks off the 2012 year with Mitchell Humphrey’s newest Bank Reconciliation module as part of their Financial Management suite.

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FMS 2011’s Bank Reconciliation module provides an enhanced user experience while satisfying stringent technical support requirements.

Mitchell Humphrey & Co., a provider of software solutions and services to the public and private sector for 35 years, kicked off the new year by implementing their newest Bank Reconciliation module with their long-time client, Reno-Sparks Convention and Visitors Authority (RSCVA) in Reno, Nevada.

RSCVA: Setting the Bar

During RSCVA’s visit to the 2011 Users Group Conference, Mitchell Humphrey announced its plan to release FMS 2011 in November 2011. The FMS 2011 solution is solely designed to benefit its users directly through bank reconciliation, new security maintenance, and secure attachment types.

Today, RSCVA has set the bar and kicked off the new year by implementing Mitchell Humphrey’s newest Bank Reconciliation module.

The Bank Reconciliation Module

Mitchell Humphrey & Co., known for their cutting-edge and innovative software solutions, jumped on the opportunity to help make it easier for RSCVA to do more with fewer resources.

The new Bank Reconciliation module handles multiple bank statements and consolidated statements simultaneously and allows the use of master and sub banks within Mitchell Humphrey’s Financial Management System. The product manages the user’s experience by summarizing all common General Ledger account numbers to the same master bank, while clearing checks manually and automatically.

Mitchell Humphrey’s Bank Reconciliation module is designed for users to easily enter payments, deposits, and wire transfers that are not already recorded in accounts payable and/or receivable. The module provides users with the ability to enter bank charges, interest, bank errors, book adjustments, etc., and the capability to add notes or attachments on general and specific bank statement items. The point-and-click feature provides easy editing and automation of importing, matching, and reporting transactions. It also includes the ability to clear or unclear checks, deposits, and transfers. Not only does the solution allow for bank charges and interest, it automatically provides each user with an organized historical review of all past reconciliations; making it easy to gain a quick overview of activity.

FMS 2011’s Bank Reconciliation module provides an enhanced user experience while satisfying stringent technical support requirements.
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About Mitchell Humphrey

Since 1977, Mitchell Humphrey has been providing software and services to clients in both the public and private sectors. Today, clients across North America benefit from our solutions in citizen services, accounting, human resources/payroll, community development, and cashiering. Learn more about Mitchell Humphrey by visiting our web sites at http://www.mitchellhumphrey.com and/or http://www.fasttrackgov.com.

To schedule a free on-line demonstration or web-based learning session on the new features, visit http://www.mitchellhumphrey.com/schedule-a-demo. For more information about Mitchell Humphrey’s software solutions or to request a quote, visit http://www.mitchellhumphrey.com/get-information-now.

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Angela Diiorio
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