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How to do Intercompany Bank Transfer

Dynamics 365 for Finance and Operations Forum

Pradap Singh asked a question on 12 Jul 2018 4:18 AM
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Dear Folks,

How to Transfer Funds from a Bank Account in a Legal Entity to Bank Account in the Another Legal Entity.Is an Intercompany Transfer.

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Hi,

Have you tried using a GL account for that purpose?

As far as I remember bank accounts from different legal entities cannot directly be posted against each other. In this case you have to use a bridging account in between.

Would be great if you could test and let us know the outcome.

Best regards,

Ludwig

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Mohamed El Adel MALEK responded on 13 Jul 2018 8:01 AM
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Hi,

Microsoft Do not recommend allowing multiple subledger  like Bank to Bank, see bellow:

docs.microsoft.com/.../one-voucher

Actualy you can use a general journal with intercomany setup to have this kind of Ledger (Just and exemple) :

FRSI-Bank => FRSI-Main Account

FRSI-MA => USMF-BANK

Regards.

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Leah Massey responded on 1 Oct 2018 3:46 PM

Did you find a work around for this? We have many bank to bank transactions between legal entities and I do not want to create an two entries for each transfer.

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Mohamed El Adel MALEK responded on 13 Jul 2018 8:01 AM
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Verified Answer

Hi,

Microsoft Do not recommend allowing multiple subledger  like Bank to Bank, see bellow:

docs.microsoft.com/.../one-voucher

Actualy you can use a general journal with intercomany setup to have this kind of Ledger (Just and exemple) :

FRSI-Bank => FRSI-Main Account

FRSI-MA => USMF-BANK

Regards.

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