CUNA: Reconciling Records course (online)

Training And Events

Reconciling Records course (online)

Overview
Detail
Also Available
Earn Credit
About CUNA
Courses

A1013

Mar. 14, 2013

Reconciling records within the credit union is a detailed and critical process. Learning the fundamentals of reconciling records helps ensure the integrity of your credit union's financial data. This module illustrates how funds move among financial institutions and how to appropriately reconcile cash, share draft, credit, debit, ACH and investment accounts.

This course is part of the CUNA CU Advance program through CUNA CPDOnline and contains individual courses for $35 each.

Cash Accounts (A1013A)
Share Draft Accounts (A1013B)
Credit and Debit Cards (A1013C)
ACH Payments (A1013D)
Investments (A1013E)

Course participants will have an option of taking a pre-assessment to determine which courses are needed for his or her skill level. A comprehensive exam for all 6 courses can be purchased for $24.50 through CUNA CPDOnline.

Estimated length of course: Each individual course is 20-30 minutes.

Buy Now Schedule

Buy Now $35.00

Please view cart for pricing
and product options

A1013

Mar. 14, 2013

A comprehensive exam for all 6 courses can be purchased for $24.50 through CUNA CPDOnline.

Cash Accounts:

Explain how funds move between financial institutions
Select the appropriate balancing technique
Identify three reasons there may be a need for adjustment in either section of the cash reconciliation
Create a cash account reconciliation

Share Draft Accounts:

Identify key elements of a share draft
Explain the steps in the share draft cycle
Cite the general ledger accounts affected by the share draft posting process
Identify types of adjustments needed to reconcile share draft accounts
Reconcile the cash letter to the total posted in the Deposit in Transit account

Credit and Debit Cards:

Prepare daily postings for credit cards
Reconcile the loan and payment clearing account
Prepare daily postings for debit cards
List four reasons for disputes
Calculate the daily cash withdrawn and compare the total to the audit tape total

ACH Payments:

Identify similarities between ACH and draft processing systems
Verify cash account payments
Reconcile daily postings
Cite three ACH posting errors and how each should be processed
Reconcile the month-end ACH return account

Investments:

Record certificate purchases and modify subsidiary schedules accordingly
Calculate interest income for certificates
Record certificate maturing and associated interest payments
Post security purchases, interest income and maturity entries

Buy Now Schedule

Buy Now $35.00

Please view cart for pricing
and product options

A1013

Mar. 14, 2013

Also available in print.

See a full CUNA course listing.

Buy Now Schedule

Buy Now $35.00

Please view cart for pricing
and product options

A1013

Mar. 14, 2013

Recognition

Recognition opportunities are offered at various training milestones with CUNA designations and certificates.

College Credit

Select courses are recommended for college credit for students who pass proctored, college-level exams and carry college credit recommendations.

Buy Now Schedule

Buy Now $35.00

Please view cart for pricing
and product options

A1013

Mar. 14, 2013

CUNA courses are a simple, affordable way to provide current, real-world training to your credit union. Courses are available in print and/or online through CUNA CPDOnline. With hundreds of courses to choose from, you're sure to find learning materials to fit your credit union's needs. See a full course list.

100% Guarantee

CUNA is committed to providing a quality learning experience. If for some reason you are not fully satisfied, contact us and we'll provide you a full tuition refund or credit.

Not finding what you're looking for? Click here to submit your topic suggestion or question.

Buy Now Schedule

Buy Now $35.00

Please view cart for pricing
and product options