Bank Accounts, Always Reconciled
Manage all bank and cash accounts, reconcile statements, track cheques end to end, and monitor your cash position in real time — all connected to your Accounts module.
Reconciliation
Reconcile Statements
in Minutes, Not Hours
Match bank statement entries to system transactions with ease. Unmatched items are flagged instantly, and closing the reconciliation period gives you full confidence your books are accurate.
- Statement-to-transaction matching
- Unmatched item flagging
- Period close & sign-off
- Full reconciliation history
Cheque Management
Every Cheque Tracked,
Start to Finish
Track issued and received cheques through every stage — pending, cleared, bounced, or cancelled. Due date reminders ensure you never miss a cheque clearing deadline.
- Issued & received cheque tracking
- Status: pending, cleared, bounced
- Due date reminders & alerts
- Cheque register & status report
Cash Position
Know Your Cash Position
at Any Moment
Real-time cash position dashboard shows balances across all bank and cash accounts. Monitor inflows and outflows, track transfers, and always know exactly how much cash you have.
- Real-time multi-account cash view
- Inflow & outflow tracking
- Inter-account transfers
- Cash flow summary reports
Everything in the Bank Management Module
Complete bank and cash management, fully integrated with your accounts.
Bank Management FAQs
Common questions about the Bank Management module.
How does bank reconciliation work in Madon Technologies?
Madon Technologies lets you import or manually enter bank statement lines and match them against system transactions. Unmatched entries are flagged for review, and you can close the reconciliation period once everything balances.
Can I manage cheques — both issued and received?
Yes. Madon Technologies tracks the full cheque lifecycle — issued to vendors, received from customers — with status tracking (pending, cleared, bounced, cancelled) and due date reminders.
Does Bank Management support multiple currencies?
Yes, on Pro and Business plans. You can maintain accounts in SAR and foreign currencies with configurable exchange rates. All foreign currency transactions are converted and reflected in your base currency reports.
Are bank transactions posted to Accounts automatically?
Yes. Every payment, receipt, transfer, and bank charge auto-posts to the corresponding accounts in the Accounts module. Your bank ledger and P&L are always in sync with zero manual effort.
Can I track cash accounts alongside bank accounts?
Yes. Madon Technologies manages both bank and cash accounts in one place. You can record cash receipts, cash payments, and inter-account transfers — all with full audit trail and reporting.
Key Features
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