Bank to Bank fund transfer recording

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Posted on by Dhanicca Macatangay

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Hello everyone!

I am wondering if there are other means to transfer funds from one bank to another aside from enabling the setup: General ledger > Ledger setup > General ledger parameters > Ledger > General > Allow multiple transactions within one voucher.

I understand that there are downsides as to recording of transactions if this parameter will be set to yes like on recording of discounts.
https://docs.microsoft.com/en-us/dynamics365/finance/accounts-payable/single-voucher-multiple-customer-vendor-records

In case this parameter will not be enabled, what workaround can I do to still proceed in the transfer of fund (bank to bank)?

Thank you!

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MATTGUO 22,349 Moderator on at

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Hi Dhanicca,

Use the bridge account to transfer.

Voucher1: Dr Bridge account

Cr Bank A

Voucher2: Dr Bank B

Cr Bridge account

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Dhanicca Macatangay 355 on at

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Thank you, Mattguo.

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