Credit Union – Deposit/GL Reconciliation

What is a Deposit and GL Reconciliation Report for Credit Unions? Reconciliation Reports are considered data control tools and are used by accountants to help ensure that loan-related transactions tie to the General Ledger. Some of the main functionality in this type of report is that for any given GL account chosen by the user it will list and match with the related deposit transactions. In the columns you find months up to the current period to make it easy to track historical balances. You find an example of this type of report below.

Purpose of Deposit and GL Reconciliation Reports Credit Unions use Deposit and GL Reconciliation Reports to automate and speed up the monthly close process and to ensure that data from deposit transactions match with the related GL postings. When used as part of good business practices in Accounting departments, a company can improve its accounting staff efficiency, and it can reduce the chances that mistakes carry through to financial reports.

Who Uses This Type of Report? The typical users of this type of report are: Controllers and Accountants. Other Reports Often Used in Conjunction with Deposit and GL Reconciliation Reports Progressive Accounting departments sometimes use several different Deposit and GL Reconciliation Reports, along with detailed deposit reports, trial balances, profit & loss reports, balance sheets, cash flow statements and other management and control tools.

Where Does the Data for Analysis Originate From? The Actual (historical transactions) data typically comes from loan management systems and enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others. In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional xFP&A solutions.

Built for credit union finance teams and aligned with Solver's xFP&A platform, this Solver report template connects directly to your ERP data via the Solver Data Warehouse, enabling near real-time analysis with minimal setup. Designed for QuickStart deployment, it can be activated rapidly so your team can focus on analysis and decisions — not data preparation.

What is the Credit Union – Deposit/GL Reconciliation in Solver? The Credit Union – Deposit/GL Reconciliation is a pre-built xFP&A report template in Solver designed for credit union organizations. It delivers key financial and operational metrics in a single, easy-to-use interface — purpose-built for credit union finance workflows.

Who uses this Solver report template? This template is primarily used by CFOs, finance managers, and credit union executives in credit union organizations who need accurate, timely data to support planning, reporting, and decision-making. It is particularly valuable for credit union finance teams managing budgets, forecasts, and performance reviews.

Where does the data come from? Data is sourced automatically from your ERP system through the Solver Data Warehouse, which integrates with platforms such as Microsoft Dynamics 365 Business Central, Dynamics 365 Finance, Acumatica, Sage Intacct, and other leading ERP solutions. Core banking and loan origination systems are also supported as data sources. Once connected, the template updates in near real-time with no manual data entry required.

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