Outcomes - Cash Management

Checklist to validate Cash Management skills in Bevica Select. Work through bank postings and reconciliation, then verify entries and balances.

Use this checklist after the Cash Management training.

It helps you prove you can run bank postings and reconciliations end-to-end.

Before you start

You need:

• Access to Bevica Select (ideally a test company)
• Introduction to Business Central
• General Ledger Part 1
• Sales Ledger
• Purchase Ledger
• Cash Management

Recommended:

• Capture evidence (statement numbers, bank ledger entry numbers, G/L registers).

Completion criteria (what “done” looks like)

You’re done when:

• You can trace bank postings into both Bank Ledger Entries and G/L Entries.
• You can reconcile a statement and explain what “reconciled” means in the system.
• You can recover from common mistakes (wrong match, wrong statement).

Bank accounts

Create a bank account and validate posting setup

Do

1. Create a bank account.
2. Create a bank account posting group and a G/L control account (if needed).

Check

• You can post to the bank account without setup errors.
• You understand which G/L account is the bank control account.

Understand bank ledger entries

Do

1. Identify when Bank Ledger Entries are created.
2. Review currency fields, Amount, and Amount (LCY).

Check

• You can explain why Amount vs Amount (LCY) may differ.

Find unreconciled entries

Do

1. Open the bank account.
2. View the unreconciled bank ledger entries.

Check

• You can filter to “not reconciled” entries quickly.

Bank entries and transfers

Post transfers and review what posted

Do

1. Post a general journal to transfer money between two bank accounts.
2. Post a foreign currency bank transfer:

   • either change the exchange rate
   • or enter the LCY amount so the system calculates the rate
3. Post a bank transfer that includes a bank charge.

Check

• You can review:

  • the Bank Ledger Entries
  • the matching G/L Entries
• You can explain the charge posting (where it hit the G/L).

Bank reconciliation

Reconcile, post, and recover from mistakes

Do

1. Create a bank reconciliation using:

   • Suggest Lines, or
   • Import Bank Statement (if configured)
2. Manually apply and unapply statement lines to bank ledger entries.
3. Transfer missing statement lines to a journal.
4. Post the bank reconciliation.
5. Undo a posted statement (posted in error).

Check

• You can find the posted statement from the bank account card.
• You can explain what changed on the bank ledger entries after posting.

Find the statement a bank entry was reconciled on

Do

1. Open the specific Bank Ledger Entry.
2. Use Page Inspection to find Statement No..

Useful reference: Page Inspection.

Useful external references (optional)

• Perform a bank reconciliation (Microsoft Learn)