Power Community

Power Community

Summarize bank transactions from customer/vendor payment journals in Microsoft dynamics 365 finance and operations

Enabling this feature will allow an organization to post vendor and customer payments in separate vouchers but update the bank account in summary. New options are added to the journal name setup, allowing the flexibility to post payments in detail to the bank account for some journals but in summary for different journals. Payments included in the summarized amount posted to the bank account must exist in the same journal and have the same bank account, currency and transaction date.

Pre-requisites: Enable feature.

Setup number sequence

Setup and enable journal name for summarize transactions.

Create and post payment journal.

That’s it for this blog.

Thank you Keep reading and sharing !!!

This post was originally published on this site

- Advertisement -spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement - Advertisement

Latest News

Mastering Microsoft Dynamics 365 CRM Data Visualization with Map My Relationships: The Complete Guide!

Microsoft Dynamics 365 CRM is a powerful customer relationship management system widely used by businesses to manage customer interactions,...

More Articles Like This

- Advertisement -spot_img