Shelby Financials release 11.3 contains an option that allows you to use your General Ledger cash sub-accounts and then reconcile your monthly bank statements in Bank Account Management using just the parent bank account.
Full instructions are provided in the download document link below
How should this be utilized? Are the cash sub-accounts intended to keep track of each fund’s cash balance?
Yes, that is one way to use it. The idea is to have a way to view cash activities and current value by some limiting need, but when it comes to reconciling the bank statement, all of the sub-accounts’ activities along with the “master” account will be available for reconciliation in the “master” account.