Loading
Knowledge BaseTrust Bank Reconciliation Report
Close
Search for help articles, community posts, ideas ...
End of Search Dialog

Trust Bank Reconciliation Report

  • 14/07/2025
  • Knowledge

How To
Click to edit heading

Location: LEAP Menu > Reports > Trust > Trust Bank Reconciliation

Purpose: Downloads previously finalised Trust Bank Reconciliations for a selected bank account, with the option of include or exclude presented items. 

Select a Trust Bank Account and a Statement Date to download the relevant Trust Bank Reconciliation. 

Filters:

Bank Account Select one account from the list of General Trust Bank Accounts.
Statement 
  • Statement of: Narrow down previously finalised reconciliations by choosing one of the following periods: 
    • Last 1 year
    • Last 2 years
    • All years
  • Statement Date: Filter the reconciliations by selecting a specific statement date. This list updates dynamically based on your 'Statement of' selection.
  • Include Presented Items?: Choose whether to include presented items in the download. 

Report Fields: 

Statement Balance as per Bank Statement
  • Date: The date of the trust bank statement.
  • Amount: The closing balance of the bank statement as of the selected date.
Add

Add

  • Unbanked Receipts:
    Trust cheque or cash receipts that have not yet been deposited at the time the bank reconciliation was saved (e.g., unbanked cheques or cash receipts).

  • Outstanding Deposits:
    Trust bank deposits that have not been marked as reconciled in the bank reconciliation.

  • Unreconciled Electronic Receipt:
    Trust EFT receipts that have not been marked as reconciled in the bank reconciliation.

  • Reconciliation Withdrawal Adjustments:
    Withdrawal adjustments recorded in the bank reconciliation due to a LEAP payment not being entered in LEAP on or before the bank statement date.

    Note: These transactions appear on the bank statement but were not recorded in LEAP on or before the bank statement date.

Less Less

  • Unpresented Cheques/Payments:
    Trust payments that have not been marked as reconciled in the bank reconciliation.

  • Unreconciled Receipts Reversed After Banking:
    Trust receipts that were deposited but later reversed and have not been marked as reconciled in the bank reconciliation.

  • Reconciliation Deposit Adjustment:
    Deposit adjustments recorded in the bank reconciliation due to a LEAP receipt not being entered in LEAP on or before the bank statement date.

    Note: These transactions appear on the bank statement but were not recorded in LEAP on or before the bank statement date.

Reconciled Cashbook Balance

Statement Balance:
The bank statement balance after accounting for reconciled receipt transactions and deducting reconciled withdrawal transactions.

System Cashbook BalanceSystem Balance:
The total transactions recorded in the system for the bank account as of the statement date.
Variance

Cashbook Variance:
The difference between the Reconciled Cashbook Balance and the System Cashbook Balance.

Note: This variance should always be 0. 

Presented Items in Last Bank Rec Presented items from the last bank reconciliation. 
Last Modified Date
14/07/2025 2:54 pm
Title
Trust Bank Reconciliation Report
URL Name
Trust-Bank-Reconciliation-Report-AU

Resolution
Reports

đź’¬   Need help? Sign In to chat with our new AskLEAP Assistant for instant answers, available 24/7!Sign In

Loading
Trust Bank Reconciliation Report | LEAP Community