Bank Reconciliation in Merciglobal Cloud ERP¶

Streamline your financial closing process with smart tools and accurate tracking.

What is Bank Reconciliation (BRS)?¶

(How to match BRS)

Bank Reconciliation is the process of matching your business's internal financial records with the statements provided by your bank. This ensures there are no discrepancies between what your company thinks it has and what the bank confirms.

In Merciglobal Cloud ERP, this feature is presented through an intuitive UI and powerful automation tools, making reconciliation a breeze for businesses of all sizes.

Visual Breakdown of the Reconciliation Interface¶

Below is a detailed explanation of each visible component from the screenshot of the Merciglobal Bank Reconciliation UI:

Search Cheque: Allows filtering by cheque number (e.g., 00291 entered to find all related transactions)
Search Amt: Search transactions by specific amount
Show Filters: Toggle between:
All: Show all records
Not Marked: Show only unreconciled entries
Marked: Show already reconciled records

Action Buttons¶

Mark All Entries: Instantly marks all visible transactions for reconciliation
Download Data (CSV): Export filtered data for offline processing or audit
Map BRS CSV (🔵): Upload your bank’s reconciliation sheet for automatic mapping
Upload Bank Stmt (🔴): Directly import your official bank statement
Generate Statement (🟡): Create a complete bank reconciliation report

Transaction Data Table - Column Wise Guide¶

Column	Description
Date	Transaction date (e.g., `10-04-2025`)
Desc	Description or vendor/customer name
RDate	Reconciliation Date (auto-filled when marked)
Cheque	Unique cheque number for matching (e.g., `0002910`)
Debit/Credit	Amount transacted
Balance	Updated account balance after transaction
Dr/Cr	Indicates Debit (Dr) or Credit (Cr) entry
Doc	Document number linked to transaction
Info	Reference document details (e.g., TDS info, RTGS references)

Each row in this table shows a single financial transaction, complete with cheque and bank reconciliation metadata.

Benefits of Using Bank Reconciliation in Merciglobal¶

Speed & Accuracy¶

Bulk mark entries to save time 🕒
Quickly search by cheque or amount 🔎

Real-time Clarity¶

See updated balances as soon as entries are added
Detect mismatches or duplicate entries instantly

Easy Integration¶

Upload .CSV or direct bank statements
Auto-map with internal records

Export-Friendly¶

Download reconciled data for external audits
Generate and share statement with accounting teams

Transparent & Secure¶

Every entry logs document ID and type (TDS, RTGS, etc.)
Fully auditable trail of actions

Typical Workflow¶

📥 Upload a bank statement (CSV or system-generated)
🔍 Filter transactions by cheque number or amount
🖱️ Use "Mark All Entries" for quick reconciliation
🧾 Generate and export the reconciliation statement

Summary¶

The Bank Reconciliation feature in Merciglobal Cloud ERP is designed to simplify, automate, and secure the financial reconciliation process. Whether you're a finance professional, developer, or auditor, this tool provides the efficiency and clarity needed for modern enterprise banking operations.

💡 Ensure you reconcile periodically to maintain financial hygiene and avoid future discrepancies.

Prepared for: Merciglobal Customers, Developers, and Sales Team Members