How How the Pastel Bank Manager works:

Pastel Bank Manager compiles the cash book electronically by using

the bank statements of all the major South African banks as a base.

• After the first bank statement download, assign recurring account
  coding to transactions that recur from month to month.
  
• Attach a unique statement transaction identifier to a Pastel account.
  
• The system will then automatically code recurring transactions
  exactly as specified for the cash book batch.
  
• Thereafter you will only have to code new transactions.
  
• You can split lines into multiple accounts and reuse them.
  For example, you may wish to allocate rent to different departments.
  
• For custom or complex changes, export the transactions into
  Excel, make the changes, and instantly import the data back into Pastel Bank Manager.
  
• Once all the transactions have been assigned to the relevant
  accounts, simply select the option to create the cash book batch
  and the transactions will immediately be transferred to your cash
  book, for you to continue as usual.

The screen below illustrates the transactions in Pastel Bank Manager where you can assign recurring account coding, or transactions to your Customers, Suppliers or General Ledger accounts.

To download a brochure on Pastel Bank Manager click here.