How can you say that it has nothing to do with bank reconciliation. If you really understand the process you would see that it reduces the amount of work taken for the reconciliation process. And by the way I did not make this up, it is apart of the Financial II course for Microsoft Dynamics Ax.
"Bonk, David" <[EMAIL PROTECTED]> wrote: Bridging accounts have nothing to do with the reconciliation process; they are used in cases where for example you receive a post dated cheque from a customer. You want to record this fact in the AR sub ledger but do not want it to affect the bank GL account. If the payment method uses a bridging account then the debit will be to the bridging account. You then need to go through a process using a GL journal to reverse the bridging account entry and affecting the bank when you deposit the cheque or it clears, depending on your process. David -----Original Message----- From: Axapta-Knowledge-Village@yahoogroups.com [mailto:[EMAIL PROTECTED] On Behalf Of Varden Morris Sent: Sunday, February 12, 2006 3:37 PM To: Axapta-Knowledge-Village@yahoogroups.com Subject: Re: [Axapta-Knowledge-Village] Re: Can Axapta handle automatic Bank Reconciliation? I have not come across any such thing in the formal documents for Axapta but one thing I know is that you can set up Bridging Accounts in the COA and use these accounts as part of the method of payment to reduce the amount of work involve in bank reconciliation. nihar_saraiya <[EMAIL PROTECTED]> wrote: Hi Koh Meng Chiat If you have a solution to Automatic Bank Reconciliation, please do guide me for the same. I am also looking to import the bank statement for reconciliation for a client. I will be thankful for this. Regards Nihar --- In Axapta-Knowledge-Village@yahoogroups.com, Koh Meng Chiat <[EMAIL PROTECTED]> wrote: > > Hi all, > > Can Axapta handle Automatic Bank Reconciliation? I > heard there is a standard template for automatic > reconciliation that a bank should follow and we can > actually import the template into axapta after the > bank has filled in all the necessary information. > > Is there anyone has the template?? > > Thousand thanks in advance. > > Best Regards, > > Jack Koh > > __________________________________________________ > Do You Yahoo!? > Tired of spam? Yahoo! Mail has the best spam protection around > http://mail.yahoo.com > Sharing the knowledge on Axapta. Visit www.frappr.com/axapta for axapta friends. SPONSORED LINKS Business finance course Business to business finance Small business finance Business finance consultant Business finance magazine Business finance schools --------------------------------- YAHOO! GROUPS LINKS Visit your group "Axapta-Knowledge-Village" on the web. To unsubscribe from this group, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service. --------------------------------- Varden Morris Senior Developer WellPoint Systems Inc. Microsoft Gold Certified Partner (403) 444-5848 direct (403) 444-3900 main (403) 615-1604 cell www.wellpoint.ca [EMAIL PROTECTED] --------------------------------- Yahoo! Mail Use Photomail to share photos without annoying attachments. [Non-text portions of this message have been removed] Sharing the knowledge on Axapta. Visit www.frappr.com/axapta for axapta friends. Yahoo! Groups Links Sharing the knowledge on Axapta. Visit www.frappr.com/axapta for axapta friends. SPONSORED LINKS Business finance course Business to business finance Small business finance Business finance consultant Business finance magazine Business finance schools --------------------------------- YAHOO! GROUPS LINKS Visit your group "Axapta-Knowledge-Village" on the web. To unsubscribe from this group, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service. --------------------------------- Varden Morris Senior Developer WellPoint Systems Inc. Microsoft Gold Certified Partner (403) 444-5848 direct (403) 444-3900 main (403) 615-1604 cell www.wellpoint.ca [EMAIL PROTECTED] --------------------------------- Yahoo! Mail Use Photomail to share photos without annoying attachments. [Non-text portions of this message have been removed] Sharing the knowledge on Axapta. Visit www.frappr.com/axapta for axapta friends. Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/Axapta-Knowledge-Village/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
