Skip to main content

Notifications

Finance | Project Operations, Human Resources, ...
Unanswered

Fixing wrong bank account in bank module

(0) ShareShare
ReportReport
Posted on by 5

Hello - Can I do a bank transaction entry to move a payment coded to the wrong bank account to the correct bank account? Once the CMTRX entry is posted, will the transaction show up in the correct bank account? Or just in the GL?

Thanks!

Categories:
  • Swain83 Profile Picture
    Swain83 65 on at
    RE: Fixing wrong bank account in bank module

    One wrong transaction can make you run from pillar to post. Adhil Shetty, CEO & co-founder, Bankbazaar.com, says, "The most important thing to understand is that if a transaction has been made, the bank cannot reverse it from its end without approval from the beneficiary. Bank can only act as a facilitator."

    Thanks, www.wellcare.com

  • Jeff Grant Profile Picture
    Jeff Grant on at
    RE: Fixing wrong bank account in bank module

    Hello,

    Yes, the Transactions | Financial | Bank Transfers window will let you transfer between Checkbooks (Bank Accounts) in Dynamics GP and the transaction will update each CASH bank account associated with each Checkbook ID (along with the GL) accordingly.

    Best Regards,

    Jeff

    Dynamics GP Support

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

News and Announcements

Announcing Category Subscriptions!

Quick Links

December Spotlight Star - Muhammad Affan

Congratulations to a top community star!

Top 10 leaders for November!

Congratulations to our November super stars!

Tips for Writing Effective Verified Answers

Best practices for providing successful forum answers ✍️

Leaderboard

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 291,359 Super User 2024 Season 2

#2
Martin Dráb Profile Picture

Martin Dráb 230,370 Most Valuable Professional

#3
nmaenpaa Profile Picture

nmaenpaa 101,156

Leaderboard

Product updates

Dynamics 365 release plans