Case 15-31160-5-mcr Doc 646 Filed 03/24/16 Entered 03/24 ...Case 15-31160-5-mcr Doc 646 Filed...
Transcript of Case 15-31160-5-mcr Doc 646 Filed 03/24/16 Entered 03/24 ...Case 15-31160-5-mcr Doc 646 Filed...
Case 15-31160-5-mcr Doc 646 Filed 03/24/16 Entered 03/24/16 13:46:07 Desc Main Document Page 1 of 24
Coyne International Enterprises Corp.Debtor In Possession - Case No 15-31160-5Schedule of Cash Receipts and Disbursements - MOR-1 February 2016
($ in thousands)
OPER PAYROLL SALE PROCEEDS LOCAL PLANTS CURRENT MONTH ACTUAL (TOTAL OF
ALL ACCOUNTS)
CASH BEGINNING OF MONTH - BANK STATEMENTS 308 15 4,459 0 4,781 PETTY CASH (1) 0 0 0 (1)BANK TO BOOK RECONCILING ITEMS 0 0 0 0 0 CASH BEGINNING OF MONTH - FINANCIAL STATEMENTS 307 15 4,459 0 4,780 RECEIPTSCASH SALES 0 ACCOUNTS RECEIVABLE - PREPETITION 0 ACCOUNTS RECEIVABLE - POSTPETITION 404 404 LOANS AND ADVANCES 0 0 SALE OF REAL ESTATE AND M & E 188 0 188 PREPAID ASSET REFUNDS, BCBS REFUND&MISC DEPOSITS 184 0 184 AUCTION PROCEEDS, NET 60 0 60 TRANSFERS (FROM PLANT ACCOUNTS) 1 1 TRANSFERS (FROM SALES PROCEEDS ACCOUNTS) 2,757 2,757 TRANSFERS (FROM MAIN ACCOUNT) 0 459 0 459 TOTAL RECEIPTS 3,594 459 0 0 4,053 DISBURSEMENTSNET PAYROLL 0 330 330 PAYROLL TAXES 137 137 SALES, USE, PROPERTY & OTHER TAXES 31 0 31 INVENTORY PURCHASES 31 31 SECURED/ RENTAL/ LEASES 0 INSURANCE 224 224 UTILITIES 85 85 UTILITIES DEPOSITS 0 PENSKE - FLEET LEASE & FUEL 138 138 WRIGHT EXPRESS - FUEL 0 CRITICAL VENDOR PAYMENTS 0 EMPLOYEE REIMBURSEMENT & UNION PAYMENTS 0 ENVIRONMENTAL CLEAN UP COSTS 237 237 ADMINISTRATIVE 27 27 MAINTENANCE 17 17 OTHER (ATTACH LIST) 91 0 91 BOARD & ORDINARY COURSE PROFESSIONAL FEES 44 44 LOAN REPAYMENT 1,000 1,000 TRANSFERS (TO MAIN ACCOUNT) 2,757 0 2,757 TRANSFERS (TO SALES PROCEEDS ACCOUNTS) 0 0 TRANSFERS (TO PAYROLL ACCOUNTS) 459 459 PROFESSIONAL FEES 48 48 U.S. TRUSTEE QUARTERLY FEES 0 0 COURT COSTS 0 TOTAL DISBURSEMENTS 2,432 467 2,757 0 5,656
NET CASH FLOW(RECEIPTS LESS DISBURSEMENTS)
CASH BEGINNING (F/S) + NET CASH FLOW 1,469 7 1,702 0 3,177 INCREASE (DECREASE) IN CHECKS OUTSTANDING (143) (5) 0 0 (148)CASH END OF MONTH - FINANCIAL STATEMENTS 1,326 2 1,702 0 3,029 PETTY CASH 0 0 0 0 0 BOOK TO BANK RECONCILING ITEMS 0 0 0 0 0 CASH END OF MONTH - BANK STATEMENTS 1,326 2 1,702 0 3,030 * COMPENSATION TO SOLE PROPRIETORS FOR SERVICES RENDERED TO BANKRUPTCY ESTATE
DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM CURRENT MONTH ACTUAL COLUMN)
Other - BidItUp (IA) Check $91k for New Bedford M&E
BANK ACCOUNTS
1,162 (8) (2,757) 0 (1,603)
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow 0TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY 2,440
THE FOLLOWING SECTION MUST BE COMPLETED
TOTAL DISBURSEMENTS 5,656 LESS: TRANSFERS TO OTHER DEBTOR IN POSSESSION ACCOUNTS (3,216)
FORM MOR-12/2008
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Coyne International Enterprises Corp.Debtor In Possession - Case No 15-31160-5Consolidated Statement of Operations - MOR-2
Month Ended February
Cumulative - Filing (7/31/15 to Date)
Rental Revenue -$ 0.0% 16,987,047$ 82.8%
Fuel Surcharge - 0.0% 1,045,769 5.1%
L&A Revenue - 0.0% 1,508,396 7.4%
Direct Sale Revenue 17,305 100.0% 980,755 4.8%
Total Revenue 17,305 100.0% 20,521,967 100.0%
Merchandise Amortization - 0.0% 2,541,623 12.4%
Freight 2,445 14.1% 229,878 1.1%
COM Sale (4,240) -24.5% 649,515 3.2%
Total COM (1,795) -10.4% 3,421,016 16.7%
Gross Margin 19,101 110.4% 0.0%
Production 88,611 512.0% 7,072,090 34.5%
Selling - 0.0% 367,999 1.8%
Service (24,863) -143.7% 7,064,154 34.4%
Administrative 47,288 273.3% 1,219,364 5.9%
Depreciation - Plants - 0.0% 664,665 3.2%
Total Laundry Plants 111,035 641.6% 16,388,272 79.9%
Plant Operating Profit (91,934) -531.2% 712,680 3.5%
Payroll & Benefits 346,910 2004.6% 1,469,687 7.2%
Other Operating 289,202 1671.2% 1,135,755 5.5%
Restructuring Fees 313,978 1814.3% 6,490,314 31.6%
Loss (Gain) on Sale of Assets (133,561) -771.8% (31,513,895) -153.6%
Depreciation - Corporate - 0.0% 110,078 0.5%
Amortization/Intangibles - 0.0% - 0.0%
Total Other Operating 816,529 4718.3% (22,308,062) -108.7%
Operating Income (908,463) -5249.6% 23,020,742 112.2%
Interest 444,797 2570.3% 5,045,387 24.6%
Deferred Finance Amortization - 0.0% 767,161 3.7%
Total Interest Costs 444,797 2570.3% 5,812,547 28.3%
Pretax Income (Loss) (1,353,260) -7819.9% 17,208,195 83.9%
Income Tax Provision Expense (Benefit) 79 0.5% TBD
Net Income (Loss) (1,353,339)$ -7820.3% 19,943,127$ 97.2%
Case 15-31160-5-mcr Doc 646 Filed 03/24/16 Entered 03/24/16 13:46:07 Desc Main Document Page 3 of 24
Coyne International Enterprises Corp.Debtor In Possession - Case No 15-31160-5Consolidated Balance Sheet - MOR-3
Petition DateFebruary January July
Assets 2016 2016 2015
Current Assets:Cash and cash equivalents 3,030,270$ 4,782,159$ 1,408,600$ Accounts receivable, less allowance for doubtful accounts of $29,000 in February 2016 and $34,000 in October 2015 457,995 872,721 5,347,191New inventory 0 0 813,852Rental merchandise in service 0 0 7,430,109Prepaid expenses and other assets 169,368 204,031 608,075Prepaid Professional Retainers 790,334 790,334 860,920 Deferred income taxes 11,188,573 11,188,573 6,313,276
Total current assets 15,636,541 17,837,819 22,782,022
Property, plant and equipment, at cost:Land 894,999 894,999 894,999Buildings and improvements 23,614,422 23,614,422 30,254,162Machinery and equipment 0 0 25,442,825Vehicles 0 0 5,795,372Construction in process 0 0 47,577
24,509,421 24,509,421 62,434,936Less: Accumulated depreciation (15,574,811) (15,574,811) (48,620,885)
Property, plant and equipment, net 8,934,610 8,934,610 13,814,051
Other assets: Deferred financing costs, net 0 0 767,161Deferred income taxes 259,921 259,921 19,932 Other 251,557 251,557 251,557
Total other assets 511,478 511,478 1,038,649
Total Assets 25,082,628$ 27,283,907$ 37,634,722$
Liabilities and Shareholders' Equity (Deficit)
Liabilities Not Subject to Compromise (Post-Petition):Current maturities of long-term obligations -$ -$ -$ Accounts payable 1,395 18,959 - Cash overdrafts 56,156 203,490 111,420Accrued expenses:
Salaries and employee benefits (236,008) (334,760) 647,857Other 2,513,901 2,570,155 1,118,407
Deferred income tax (1,250,541) (1,250,620) (3,661,409)Total current liabilities 1,084,904 1,207,223 (1,783,725)
Liabilities Subject to Compromise(Pre-petition):Current maturities of long-term obligations 27,687,806 28,242,997 62,536,711Employee Obligations 0 0 485,527Accounts Payble 2,846,685 3,017,114 3,096,005Other Long Term Liabilities 2,638,761 2,638,761 2,640,635
Total liabilities 34,258,155 35,106,095 66,975,153Shareholders' equity (deficit):
Preferred stock - 5% non-cumulative, non-voting, non-convertible, callable at par:Class A - $.01 par value; 40,000 shares authorized, 19,745 shares
outstanding in 2016 and 2015 197 197 197Class B - $.01 par value; 5,000 shares authorized, 2,272 shares
outstanding in 2016 and 2015 23 23 23Common stock - $.01 par value:
Class A - voting; 59,000 shares authorized, 1,903 shares outstandingoutstanding in 2016 and 2015 19 19 19
Class B - non-voting; 130,000 shares authorized, 63,305 sharesoutstanding in 2016 and 2015 633 633 633
Additional Paid-In Capital 3,110,280 3,110,280 3,110,280Retained earnings (deficit) (11,896,798) (10,543,459) (31,893,912)Accumulated other comprehensive loss (389,881) (389,881) (557,671)
(9,175,527) (7,822,188) (29,340,431)
Total Liabilities and Shareholders' Equity (Deficit) 25,082,628$ 27,283,907$ 37,634,722$
FORM MOR-32/2008
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Coyne International Enterprises Corp.Debtor In Possession - Case No 15-31160-5Post Petition Taxes and Post Petition Debts MOR-4 - Month Ended February 2016
Federal Beginning Tax
Amount Withheld and/or
Accrued Amount Paid Date Paid Check # or EFT Ending Tax
WithholdingFICA-EmployeeFICA-EmployerUnemploymentIncomeOther:_____________ Total Federal TaxesState and Local
WithholdingSales & Use Tax 4,375 625 5,000 Various EFT - Various - ExciseUnemploymentReal Property 26,000 02/01 - 02/20 Multiple CksPersonal PropertyOther:_____________ Total State and Local
Total Taxes 4,375 625 31,000 -
Current 0-30 31-60 61-90 Over 91 Total
Accounts Payable 1,395 1,395 Wages Payable - - Taxes Payable - - Rent/Leases-Building - - Rent/Leases-Equipment - - Secured Debt/Adequate Protection Payments
- -
Professional Fees 197,500 232,500 374,368 689,980 484,514 1,978,862 Amounts Due to Insiders - - Other:______________ - Other:______________ - Total Post-petition Debts 198,895 232,500 374,368 689,980 484,514 1,980,258
Explain how and when the Debtor intends to pay any past due post-petition debts.
Number of Days Past Due
STATUS OF POST-PETITION TAXES
SUMMARY OF UNPAID POST-PETITION DEBTS
All employment taxes are paid timely through ADP. See attached schedules evidencing tax payments.
FORM MOR-42/2008
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CoyneInternationalEnterprisesCorp.DebtorInPossession‐CaseNo15‐31160‐5AccountsReceivableandTaxReconcilationandAgingMOR‐5‐MonthEndedFebruary2016
ACCOUNTSRECEIVABLERECONCILIATIONANDAGING
Amount896,012
‐(403,626)(5,728)
486,657
AccountsReceivableAging Total 0‐30Days 31‐60Days 61‐90Days 91+DaysTradeReceivables 486,657 18,454 39,296 187,561 241,346ReconcilingItems‐SalesandCashReceipts(‐)afteragingcutoffdate(+)
‐
TotalAccountsReceivable 486,657AccruedandOtherReceivables 338Less:BadDebts(Amountconsidereduncollectible) (29,000)Add:Bankedbutnotbookedreceipts ‐NetAccountsReceivableperGL 457,995
TAXESRECONCILIATIONANDAGING
TaxesPayable 0‐30Days 31‐60Days 61‐90Days 91+Days TotalSalesTaxesPayble ‐ ‐
TotalTaxesPayable ‐ ‐ ‐ ‐ ‐
AccountsReceivableReconciliationTotalAccountsReceivableatthebeginningofthereportingperiodPlus:AmountsbilledduringtheperiodLess:Amountscollectedduringtheperiod
TotalAccountsReceivableattheendofthereportingperiodLess:CreditMemos/DebitMemos
FORM MOR-52/2008
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CoyneInternationalEnterprisesCorp.DebtorInPossession‐CaseNo15‐31160‐5PaymentstoInsidersandProfessionalsMOR‐6‐MonthEndedFebruary2016
PaymentstoInsiders
NAME Position TYPEOFPAYMENT AMOUNTPAIDTOTALPAIDTODATE(asof7/31)
Collins,Jennifer CFO PayrollandSeverance 74,363.22 194,088.80Collins,Jennifer CFO Expenses 213.28 3,459.25Coyne,Martin GMSyracuse Payroll,VacationandSever ‐ 114,487.99Coyne,Martin GMSyracuse Expenses ‐ 11,706.26Podedinsky,Alex GeneralCounsel PayrollandSeverance 77,385.54 223,986.64Podedinsky,Alex GeneralCounsel Expenses 252.07 6,999.52Samson,Mark CEO PayrollandSeverance 81,791.42 288,621.42Samson,Mark CEO Expenses 3,451.50 57,679.68
TOTALPAYMENTSTOINSIDERS 237,457.03 901,029.56
PROFESSIONALS
NAME AMOUNTAPPROVED AMOUNTPAIDTOTALPAIDTO
DATETotalIncurredfor
theMonth
TotalIncurredtoDate(asof
7/31)CohnReznick 315,880$ ‐$ 315,880 25,000 710,622HerrickFeinstein 586,225 ‐ 586,225 100,000 1,532,816GetzlerHenrich‐Board ‐ 313,740 25,000 338,740LaborCounsel ‐ ‐ 30,200Envir.Consultants‐Beveridge 24,183$ ‐$ 24,183 ‐ 49,183Envir.Consultants‐GZA ‐ ‐ ‐ ‐ 152,000LocalCounsel(PhillipLytle) 25,251 ‐ 25,251 2,500 45,251Examiner‐HarrisBeach 68,051 ‐ 68,051 ‐ 68,051ClaimsAgent(RetainerandFees) 21,197$ 176,232 30,000 241,828CommitteeProfessionals 477,718 ‐ 477,718 15,000 793,483NXTFA‐AndrewsAdvisoryGroup ‐ 380,389 ‐ 380,389NXTLegalFees‐GoldbergKohn ‐ 557,314 ‐ 557,314NXTLegalFees‐Woods,Oviatt,Gilman ‐ 74,052 ‐ 74,052SSG‐InvestmentBanker 1,052,893 ‐ 1,052,893 ‐ 1,052,893
21,197$ 4,051,928$ 197,500$ 6,026,820$*INCLUDEALLFEESINCURRED,BOTHAPPROVEDANDUNAPPROVED
POST‐PETITIONSTATUSOFSECUREDNOTES,LEASESPAYABLEANDADEQUATEPROTECTIONPAYMENTS
NAMEOFCREDITORSCHEDULEDMONTHLY
PAYMENTDUEAMOUNTPAIDDURINGMONTH
TOTALUNPAIDPOST‐PETITION
‐ ‐ ‐MedleyOpportunityFundIILP ‐ 1,000,000.00 ‐
‐ ‐ ‐
TOTALPAYMENTS ‐ 1,000,000.00 ‐
TOTALPAYMENTSTOPROFESSIONALS
FORM MOR-62/2008
PAGE 7 OF 8
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CoyneInternationalEnterprisesCorp.DebtorInPossession‐CaseNo15‐31160‐5DebtorQuestionnaireMOR‐7‐MonthEndedFebruary2016
Must be completed each month. If the answer to any of the questions is “Yes”, provide a detailed explanation of each item. Attach additional sheets if necessary.
Yes No
1Have any assets been sold or transferred outside the normal course of business this reporting period?
Yes
2Have any funds been disbursed from any account other than a debtor in possession account this reporting period?
No
3Is the Debtor delinquent in the timely filing of any post-petition tax returns?
No
4Are workers compensation, general liability or other necessary insurance coverages expired or cancelled, or has the debtor received notice of expiration or cancellation of such policies?
No
5Is the Debtor delinquent in paying any insurance premium payment?
No
6Have any payments been made on pre-petition liabilities this reporting period?
No
7Are any post petition receivables (accounts, notes or loans) due from related parties?
No
8 Are any post petition payroll taxes past due? No9 Are any post petition State or Federal income taxes past due? No
10 Are any post petition real estate taxes past due? No11 Are any other post petition taxes past due? No
12Have any pre-petition taxes been paid during this reporting period?
No
13 Are any amounts owed to post petition creditors delinquent? No14 Are any wage payments past due? No
15Have any post petition loans been received by the Debtor from any party?
No
16 Is the Debtor delinquent in paying any U.S. Trustee fees? No
17Is the Debtor delinquent with any court ordered payments to attorneys or other professionals?
No
18Have the owners or shareholders received any compensation outside of the normal course of business?
No
FORM MOR-72/2008
PAGE 8 OF 8
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G/L BALANCE 1,702,000.00 OK
02/27/16 First Niagara - xxxxxx5748 (CTS Segregated Cash 1,590,000.00 ok
02/27/16 First Niagara - xxxxxx5599 (Good Faith Deposits) 100,000.00 OK
02/27/16 First Niagara - xxxxxx5755 (CINTAS TSA Accoun 0.00 ok
02/27/16 First Niagara - xxxxxx5730 (Vehicle Sales) 12,000.00 ok
02/27/16 First Niagara - xxxxxx1557 (ACH Concentration) 0.00 ok
BALANCE PER BANK 1,702,000.00 0.00
90-0-10100
Master Bank Account
Coyne International Enterprises Corp.Corporate Bank Reconciliations
PERIOD February / 2016
Case 15-31160-5-mcr Doc 646 Filed 03/24/16 Entered 03/24/16 13:46:07 Desc Main Document Page 17 of 24
GL 20.59 OK
xxxxxx1565 Direct Deposit 2/27/2016 BALANCE PER BANK 0.00 OK
xxxxxx1581 Checks & Taxes 2/27/2016 BALANCE PER FN 1,933.85 OK
Booked not Banked2/27/2016 PAYROLL FOR WEEK 9 PAID IN WEEK 8 0.00
2/27/2016 401K WEEK 1 - stopped for calendar 2016 0.00
2/27/2016 0.002/27/2016 0.00 0.00
0.00 90-0-23100 0.00 90-0-86600
1/2/2016 Week 49 J/E posted for 2.27 NY Disability Insurance 0.00 R/C to 22500 0.00Misc R/C to 86600Pension Forfeiture $'s used 0.00 90-82100 0.00
1/9/2016 Week 50 NY Disability Insurance 0.00 R/C to 22500Misc 0.00 R/C to 86600Pension Forfeiture $'s used 0.00 90-82100
1/16/2016 Week 51 NY Disability Insurance 0.00 R/C to 22500Misc 0.00 R/C to 86600Pension Forfeiture $'s used 0.00 90-82100
1/23/2016 Week 52 NY Disability Insurance 0.00 R/C to 22500Misc R/C to 86600Pension Forfeiture $'s used 0.00 90-82100
1/30/2016 Week 53 NY Disability Insurance 0.00 R/C to 22500Misc R/C to 86600Pension Forfeiture $'s used 0.00 90-82100
Misc Variance 0.00
0.00Timing credits for wire made for missed pay 0.00
Stop Payments - need voids 0.00
Checks written through 2/27/2016 (add back voids) (19998769.76) Checks cleared as of 2/27/2016 19996856.50
(1,913.26)
BALANCE PER BOOKS 20.59
0.00
10200
Coyne International Enterprises Corp.Corporate
PERIOD February 04/2016
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G/L BALANCE 1,326,335.70
02/27/16 BALANCE PER BANK 1,326,335.70 OK02/27/16 0.00 02/27/16 0.00
02/27/16 0.00
BALANCE PER BOOKS 1,326,335.70 0.00
90-0-10505First Niagara Lead Account - Acct #xxxxxx1482
Coyne International Enterprises Corp.Corporate Bank Reconciliations
PERIOD February / 2016
Case 15-31160-5-mcr Doc 646 Filed 03/24/16 Entered 03/24/16 13:46:07 Desc Main Document Page 20 of 24
G/L 0.00 OK
02/27/16 BALANCE PER BANK - 0.00 OK
x IPC A/R Register - Credit Card R/C - Feb 0.00 R/C TO 10530
Blue Ridge CC Activity - JAN 0.00 R/C TO 10530
Blue Ridge - Booked, Not Banked (+)
Blue Ridge - Banked, Not Booked (-)
RETURNED DEPOSITED ITEMS Activity (+)0.00
Misc Items 0.00
AR Sessions Booked, Not Banked (+) 0.0001/08/16 Session 80896 0.00 R/C to 01-0-8680001/19/16 Session 80951 0.00 R/C to 01-0-86800 01/20/16 Session 80951 0.00 R/C to 03-0-8680001/22/16 Session 80962 0.00 R/C to 03-0-86800
A/R Sessions Banked, Not Booked (-)
Misc AR Activity items
Variance 0.00 R/C to 90-0-86600Citibank (Alcoa) Fees for Dec - R/C to 90-0-86600First Niagara NSF fees - R/C to 90-0-86600
EFT Activity Banked, Not Booked (-) 0.00
0.00
BALANCE PER BOOKS 0.00
Variance 0.00GLM - 2/12/2016
Coyne International Enterprises Corp.Corporate Bank Reconciliations
PERIOD February / 2016
10520First Niagara - XXXXXX1516 EFT's
First Niagara - XXXXXX1490 AR
Case 15-31160-5-mcr Doc 646 Filed 03/24/16 Entered 03/24/16 13:46:07 Desc Main Document Page 21 of 24
90-0-10530HSBC Act XXX-XX1914 - Credit Card Receipts
First Niagara XXXXXX1508 - Credit CardG/L 0.00 OK
02/27/16 BALANCE PER BANK 0.00 OK
IPC A/R Register - Credit Card R/C - Feb 0.00 FROM 10520
Blue Ridge
Blue Ridge CC Activity - JAN 0.00 FROM 10520
Blue Ridge In-Transit Items , BOOKED,NOT BANKED (+)
Blue Ridge In-Transit Items , BANKED,NOT BOOKED (-)
In-Transit Items , BANKED,NOT BOOKED (-)
01/04/16 Chargeback - All Classic Parts (not authorized) 0.00 R/C to 19-0-8680001/08/16 Elm Chevy-refund 0.00 R/C to 01-0-8680001/29/16 Chargeback - Economy Inn (not authorized) 0.00 R/C to 04-0-86800
Variance 0.00 R/C TO 86600Visa/MC - Card Connect - Merchant # 496206545881 - Feb fees 0.00 R/C TO 86600
In-Transit Items , BOOKED,NOT BANKED (+)
0.00
BALANCE PER BOOKS 0.00 0.00
GLM - 2/12/2016
Coyne International Enterprises Corp.Corporate Bank Reconciliations
PERIOD February / 2016
Case 15-31160-5-mcr Doc 646 Filed 03/24/16 Entered 03/24/16 13:46:07 Desc Main Document Page 22 of 24
G/L BALANCE (54,242.78) OK
BALANCE PER BANK 0.00
02/27/16 Outstanding Checks on First Niagara Statement (54,242.78) OK02/27/16 Checks written 11/25 not on FN reconciliation/outstanding list 0.0002/27/16 0.00
- - -
BALANCE PER DETAIL (54,242.78)
VARIANCE 0.00
Reconciliation of Outstanding Checks - FN vs Great Plains
02/27/16 Outstanding Checks on First Niagara Statement 54,242.78 02/27/16 Checks written 11/25 not on FN reconciliation/outstanding list -
02/27/16 Great Plains Outstanding Cks $54,242.78 OKDifference -
Reconciling Items - Checks Voided in GP before Reconciliation was complete. These Checks stay on the FN Outstanding Ck List but get removed from the GP check listDate Voided Date Issued Check Numbers Amount
Checks Issued in Great Plains that are not in Outstanding Check listing (Above)Date Issued Amount
02/27/16 Checks written 11/25 not on FN reconciliation/outstanding list -
Total - Reconciling items above -
Total Reconciling Items listed above - Variance -
FN Account #XXXXXX1573 - Accounts Payable90-0-10550
Coyne International Enterprises Corp.Corporate Bank Reconciliations
PERIOD February / 2016
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G/L BALANCE 0.00
02/27/16 BALANCE PER BANK 0.00
0.000.00
MISC. ACTIVITY: 0.00
BALANCE PER BOOKS 0.00 0.00
FN Account XXXXXX1599 - B2B Debits90-0-10575
Coyne International Enterprises Corp.Corporate Bank Reconciliations
PERIOD February / 2016
Case 15-31160-5-mcr Doc 646 Filed 03/24/16 Entered 03/24/16 13:46:07 Desc Main Document Page 24 of 24