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…
Category: Banking
ACH file format for Business Central
Problem: I need to create the Data Exchange Definition for the ACH file I need to send to my bank for electronic funds transfer (EFT). How do I get the information from the bank? A history lesson (of sorts): What is ACH and is it any different from EFT? ACH (Automated Clearing House) files are…
Bank Reconciliation matches very few transactions
Problem: With the latest wave release for Business Central, I am required to stop using the bank reconciliation I am accustomed to and start using the bank reconciliation with auto-match. I created my Bank Statement Import using the “Set up a bank statement file import format” wizard. It only created a Data Exchange Definition with…
