Bank Date

The date of the transaction when the banking was processed.

For Bulk Claims the bank date is slightly different, as it is assigned automatically without the user needing to process the banking. For Bulk Claims, the Bank Date is the date assigned by HIC on the payment advice.

The Bank Date and Entry Date will be the same for all transactions (the date banked) other than with Bulk Claim receipts. For example, Bank Date and Entry Date may differ for Bulk Claim receipts where HIC specify on the payment report that they paid the money on the 21/06/05 but you did not actually resolve all the exceptions until the 24/06/05. In this case the Bank Date is 21/06/05 (date specified by HIC) and the Entry Date is 24/06/05 (the date the exceptions were resolved and the claim auto-receipted within Pracsoft).

A Summary of Banking Report calculated using Bank Date as the Date Selection would show this receipt on the 21/06/05. This receipt information would show up on any Summary of Banking Report generated that includes that date within its date range.

The Summary of Banking Report cannot be compared to other receipts reports as the other receipts reports will not be affected by when the banking was processed however the Summary of Banking report is affected by the date the banking was processed.

Suggested Reports to be used by Bank Date:

• Receipts: Summary of Banking