Posting Bank Statement's Transaction(s) Mark as New Transaction - AX 2012/Dynamics 365 Finance and Operations

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Microsoft documentation for AX 2012 doesn’t provide clear steps on how to create new bank transaction based on the Marked new transaction in bank statement lines.
These following steps can be followed to create the new bank transaction based on the bank statement line(s):
  • During reconciliation process (under bank reconciliation worksheet), mark the statement line(s) that is indicated as a new transaction in the bank document. Or this step can be automated by using matching rules.
  • Once marked as new transaction, open the related bank statement. Go to the line marked as new transaction and click ‘Distribute amount’ button.
  • Put the ledger dimension string on Ledger account field. If you need to post into several accounts/dimensions you can utilise Split button.
  • Close the Accounting distribution form and click post on the bank statement.

This should help to create the new bank transaction automatically. Dynamics 365 Finance and Operations have the similar steps as described.

Comments

  1. Vinu Prasannan25 February 2020 at 05:10

    Hello

    I believe the bank transaction will get posted on the system date in which accounting distribution was done . Is there an option to change the bank transaction date which got posted via Distribute amount functionality in Bank statement lines section ( this is needed for a case when an old bank statement( where bank statement line date is less than the system date ) is updated and user is trying to post a predated bank transaction using the distribute amount functionality

    ReplyDelete

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