General Ledger Bank Audit Report - Empower Your Audit Analysis

Bank Audit Report Overview

The Bank Audit Report, found in the SapphireOne General Ledger Reports Menu, is designed to print a comprehensive report of all posted transactions that have not yet been reconciled within a selected Bank Account. This report is primarily utilised for audit purposes, enabling the user to choose a specific Bank Account and generate a report that itemizes the un-reconciled bank transactions recorded against that selected Bank Account. It serves as a valuable tool for auditing and verifying financial records.

How to Create a Bank Audit Report

First Alert

When you select the Bank Audit Report from the General Ledger Reports menu, an alert will appear, presenting a list of various Bank Accounts along with their corresponding IDs and Names. From this list, you have the option to choose any desired Account by either clicking on it and then selecting OK or by double-clicking on the selected bank account. This user-friendly interface allows you to easily specify the bank account for which you wish to generate the Bank Audit Report.

Second Alert

There may be a subset of accounts linked to the selected account. In this case, the user will be presented with a second similar alert that lists the linked subset Bank Accounts.

Within this second alert, the user has the flexibility to choose between the main local bank account or any of the FX bank accounts, which are subsets of the main bank account. To make a selection, simply pick the desired local or FX Bank Account, and then click the OK button. This intuitive interface allows users to specify the exact bank account they want to access for the Bank Reconciliation Report, whether it’s a local or foreign currency account.

Sorting Alert

Report Example (Bank Audit Report)

Below is an example of the first page of the SapphireOne Bank Audit Report.