Bank Service is one salient features of Sage ERP Software. Bank Services keep a Deposit and Payment Register along with Bank Reconciliation. Automated Bank Reconciliation can be done through an OFX statement provided by the client’s Bank. Each bank record has a bank ID, an associated GL number, and banking information such as the routing number, which can be used for EFTs and check printing. It maintains bank information, tracks payments and receipts, transfers, and reverses payments