Right now (ACCPAC ERP 5.5 and below), once the bank is selected, it can no longer be edited (unless one cancels the entire transaction). It is already a common finance process flow that the bank selection for a payment is at the last step of the disbursement procedure (and vice versa for receipts). Other small to mid-tier ERP systems already support this functionality (i.e. SAP Business One).
For check and balance purposes, it is already a common setup to seperate the payment processing function (accounting) from the cash management.
The inclusion of this feature maybe the pre-cursor to support cash management functionalities.
by: Emilio V. | over a year ago | Financial Management
Comments
Great Idea, This particularly useful for clients that seperate debit/visa purchases from cash and cheques.