By Amy Walsh in AP, Banking, Dynamics GP on Thursday, January 14th, 2010
By now you probably have heard of the Microsoft Dynamics GP Miscellaneous Check window. A simple to use window that looks a little like it is from the QB (QuickBooks)family. This window is easy to use and quick for processing a check or multiple checks, however, there are some differences between using this window and using Payables Management to cut a check. What you should know… Read the rest of this entry »
By Amy Walsh in AP, Banking, Dynamics GP on Thursday, January 7th, 2010
Have you ever seen Negative Amounts in your Bank Reconciliation window? They would look something like this…
What may cause negative amounts in the Bank Reconciliation Window? Read the rest of this entry »
By Mark Polino in Banking on Friday, December 19th, 2008
We were having an email discussion the other day around what Dynamics GP’s Electronic Bank Reconcile will or won’t reconcile. One of our consultants Amy Walsh had the most complete answer and it sure sounded like a nice blog post so here it is. Thanks Amy!
Electronic Bank Reconcile matches both checks and deposits. Any other transactions have to be marked off manually.
See excerpt below for transaction type and action.
BAI (Bank Administration Institute) file formats have a number for the transaction code. For example, 100 may be a check. 200 & 300 may be some other type of withdrawal. 400, 500, 600 maybe different types of deposits. The problem with that is, when you go to enter a transaction code you can only enter 1 code for check and 1 code for deposits when in the BAI file their maybe many types of codes. The transaction code is required in the configurator.
