True North Endeavors has expanded the flexibility of Abila MIP Fund Accounting™ with the development of the NorthPort Reconciler utility. Currently in the Abila MIP Bank Reconciliation module, accounts are reconciled by the General Ledger segment and by a single General Ledger Code, but some organizations have the need to track bank statements or bank accounts that are made up of multiple General Ledger accounts. The NorthPort Reconciler is a quick and easy integrated solution that streamlines this process. Previously, reconciliation would have to be handled outside the system through Excel or some other third party application. No more. The NorthPort Reconciler allows you to select multiple Abila MIP Fund Accounting General Ledger accounts to be reconciled, consolidates the information, and writes it back to your Abila MIP Fund Accounting database to keep everything in balance.
- The NorthPort Reconciler recognizes your Abila MIP Server & all of your Abila MIP databases.
- Once logged in it will recall all of the saved reconciliations within Abila MIP Fund Accounting.
- After selecting a cash account or multiple cash accounts, you can establish a new reconciliation or select a previous reconciliation ID.
- Reconciliations are locked within Abila MIP Fund Accounting.
Reconciliation has never been easier. Contact us to learn more or to schedule a demo today!