Posting Setup in Payment Reconciliation Journals
Business Value
Correctly posting bank transactions requires more than just assigning the right G/L account: posting groups, VAT settings, and dimensions must be maintained consistently. 365 business Banking enables the direct definition of these parameters in the Payment Reconciliation Journal — both manually and automatically via reconciliation rules.
Feature Description
365 business Banking extends the Payment Reconciliation Journal with an enhanced posting setup: per bank transaction line, posting type, general and product posting groups, VAT posting groups, and deferral codes can be defined. These settings are automatically applied when the Payment Reconciliation Journal is posted.
The posting setup can be applied manually per line or automatically through reconciliation rules whenever a transaction matches a defined criterion.
For more information on the posting setup, see the article Posting Setup.