Allow some batches to be posted to the bank rec "in summary" (like the deposit batches in AR). So for some batches (for example EFT Payments), it would be nice to reconcile then as one transaction.
by: Anne F. | over a year ago | Financial Management
Comments
In AP payment batch and AR receipt batch ,add a field "Show in Bank Rec" with possible answers "1 per batch" / "separate entries"
And provide 2 Setup Options in each module such as:
"Show in Bank Rec": 1 per batch / separate entries
"Allow to override Show In Bank Rec" : yes / no
Peresoft cashbook as allowed this for sometime. As a consultant we are seeking to recomend Bank Services over Cashbook. BUT some features of Cashbook such as grouping of payments and allowing indivdual receipts to be reconciled require us to include Cashbook as an option.
Definately need this - more of our clients pay via eft than cheque now
This is an issue for us too - some of our payment batches have 30+ payments in them - making the bank rec time consuming and onerous - there is no way to easily see that the 30 transactions you are ticking off in Bank Rec actually add to the one amount in the bank statement (other than noting the cleared amounts before and after).
This is a must have feature to be able to make use of Reconcile e-Statements. Bank feeds make this more important.
This is critical, a must have to utilise bank feeds.
Definitely agree. In this day and age where most payments are done via EFT this is essential part of any ERP bank feeds functionality or it basically renders the function as unusable
DEFINITELY needs this, EFT has grown by leaps and bounds as the primary method for payment, especially during Covid times. This would make the bank rec much easier to especially since the "Quick" clearing option is not quick at all most times.