How to send remittance advice to vendors from Business Central after ACH transactions are successfully recorded by the bank. If you are using EFT to send payments to your vendors, you may also be sending them at the time you select the Export Action from the Bank menu in the payment journal. This can create…
Category: Banking
What? Bank Reconciliation doesn’t use Payment Reconciliation Rules when auto-matching in BC?
Problem Nancy has been forced to move from the North American version of the Bank Reconciliation in Business Central to the world-wide version that everyone else uses. Unfortunately, auto-matching doesn’t work very well with how her payments are recorded and the bank provides transaction activity. In fact, it is incorrectly matching several transactions out of…
“The Bank Account does not exist” error when posting payment journal
Problem: Trying to post a payment journal in Business Central of transmitted electronic payments, you get the error “The Bank Account does not exist”. You check payment journal lines for The vendor bank account information is all filled in on the Vendor Bank Account card. You go to the Bank Account assigned to the payment…