How to account Sweep entries in Business Central?

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Posted on by Jaunt

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Hi Everyone,

I would like to know that how to maintain sweep accounts and account sweep entries business central.

Normally an excess money in the bank account will be invested to get high returns. Whenever, there is a shortage in the actual bank account, then that amount comes back to the same bank account.

So in this case, can I create another bank account to meet this process?

Please assist.

Thanks,

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YUN ZHU 79,097 Super User 2025 Season 1 on at

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How to account Sweep entries in Business Central?

Hi, hope the following can give you some help.

Make Reconciling Credit Card Statements and Sweep Accounts easy in Business Central

https://technologyblog.rsmus.com/technologies/microsoft/dynamics-365-business-central/make-reconciling-credit-card-statements-and-sweep-accounts-easy-in-business-central/

Thanks.

ZHU
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Valentin Castravet 26,799 Super User 2025 Season 1 on at

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How to account Sweep entries in Business Central?

This is not a common request in Business Central so there is no out of the box functionality for it. Creating a 2nd bank account can work.

The only problem that I can see with this is the bank reconciliation at month end. When you transfer money between the two accounts, will your bank statement show the transfers as well? If it doesn't, you'll have all the transfers as unreconciled in the bank rec. in Business Central.

Valentin Castravet
Work: Zander ERP Services
Blog: Dynamics 365 Business Central Insights
LinkedIn: www.linkedin.com/in/valentin-c-0500a247/