J.P. MORGAN CHASE BANK-2016 - Laserfiche WebLink

Home Browse Search

Reconciliation Reports Package Report Name Full Partial Report Description Recap of Posted Items Yes Yes Provides a daily recap of all items posted during the reconciliation period. It also summarizes, per day, the number and amount of issues, stops placed, stops removed and canceled items. The report is printed in sequence vertically by day. Recon Data File Yes Yes Text file containing issues, stops placed, stops removed, canceled items and outstanding checks. Stop Reconciliation Yes Yes Lists all stops on file for an account as of the reconciliation Report period date. Unmatched Report Yes No Lists all unmatched paid and issued items (outstanding checks and paid -no- issues) as of the reconciliation period date in amount sequence. Unpaid Only Diagnostic Yes No Summary of outstanding check and exception items. Summary Report Unpaid Only Yes No Lists all outstanding checks and exception items, including Reconciliation Report stops and cancels, as of the end of the reconciliation period. The total of outstanding items is printed at the end of the report. The City will receive account bank statements for each account from the bank. These reports provide a summary of credit, debit and paid check activity for the statement period, and balances at the start and end of the period. The statement then provides a detailed chronological listing of all credit and debit transactions. For each transaction, the entry provides the ledger and value dates, the dollar value of the transaction, and detailed transaction description. The report also provides closing ledger balances. J.P. Morgan's account bank statements are available via secure Internet delivery with ACCESS Online, thereby providing the City with comprehensive reporting in the most timely and efficient manner. Our electronic account bank statements are identical to the paper statements mailed to clients and are available within two to three business days after the statement cutoff date. The account bank statements include all transactions posted to the account including all checks paid by check number with paid amount. Electronic account bank statements also include images of checks paid during the statement cycle. Correction entries made by the bank will be included on the statement as well. J.P. Morgan's electronic account bank statements provide the City with the following benefits: • Security measures include machine registration and the convenience of using a single sign -on to retrieve statements and perform entitlement via ACCESS Online. • Email alerts are sent to notify authorized the City users when the account bank statements are available for download. Page 75 JYMorgal