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Date Posted: 11/30/2007

UBCC Announces Enhancement of the Bank Reconciliation

 
 
Nov 15, 2007 – Taos, New Mexico - Universal Business Computing Company (UBCC), providing accounting and payroll professionals with the most flexible and productive Write Up and Payroll software, announces enhancements to their bank reconciliation module, which allows for even faster and more efficient processing.

“In addition to features that made the manual check clearing even faster and more efficient, we have added advanced import capabilities to electronically import deposit and bank entries in addition to clear checks using the client’s bank generated clear check data file,” said Ken Garen, President of UBCC.

By electronically importing the clear check data file, the reconciliation process takes seconds instead of hours. Traditionally, bank reconciliation processing focuses on specific checks that have cleared, forcing the processor through the process of elimination; find the exceptions or checks that have yet to clear. UBCC’s software reads the bank data file automatically, allowing the processor to focus and extract only the exceptions in the reconciliation. “For our high volume clients who are processing over 10,000 checks per month, they now spend less than one hour doing what was formerly a multi-day process,” continued Garen.

About Universal Business Computing Company (UBCC)

Since 1981, UBCC’s multi-user, multi-tasking and real-time software has helped accounting practices and payroll service bureaus manage their businesses with maximum productivity, flexibility, portability; and thus profitability. UBCC offers four different packages: Client Data Center, Payroll Service Bureau, PEO Enterprise, and Real-Time Accounting for Business. Modules include: Unified Payroll, General Ledger, Accounts Payable, Accounts Receivable, Bank Reconciliation, Depreciation, Order Billing, Inventory Management, and Job Management. Technical support and customer service is available 24 hours a day, seven days per week. For more information, call 800-827-8610 or visit their Web site at www.ubcc.com
 
 


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