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Dynamics 365 Community / Forums / Microsoft Dynamics AX (Archived) / Reg: Cannot select the...
Microsoft Dynamics AX (Archived)

Reg: Cannot select the Intercompany Bank in the Payment Journal

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Posted on by Community Member

Hi all, 

I have selected the company  as COM1, A/c type as ledger and Offset company as COM2, offset a/c type as Bank in the Payment Journal. while selecting the Intercompany bank, System throws an error as 'The legal entity of the bank differs from the legal entity that you are logged in to.  Select a different offset legal entity or log into a different legal entity.'.

If entered the offset account into next line system is not throws an error. I am unable to proceed the journal entry. But, This process is working without any issue in AX2009.

Can u please anybody give me a sugestion for this query.

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  • Suggested answer
    André Arnaud de Calavon Profile Picture
    André Arnaud de Cal... 301,025 Super User 2025 Season 2 on at

    Hi Abila,

    Have a look at an issue on Lifecycle services: fix.lcs.dynamics.com/.../Solution

    A similar problem was reported but will not be fixed as there is a workaround mentioned:

    "This was a design change made to AX to not all allow an intercompany transfer where the offset is a bank account for another legal entity as it potentially causes problems with bank reconciliation. The only way to perform this transaction would be to start in the payment company in which the bank account exists to create the payment journal. Then specify a customer/vendor from the other company to process the payment.

    The only other way around this would be to customize the code."

  • Community Member Profile Picture
    Community Member on at

    Hi,

    Similarly as suggested by Andre we have to post multiple transactions instead of single entry. My approach is little different though. I created a Main Account "Cash in Transit" for 1st entry I credit Entity1 Bank and debit Entity1 "Cash in Transit" for 2nd entry log on to Entity2 and post Debit Entity2 Bank and credit Entity1 "Cash in Transit".

    Thanks & Regards

    Usama Haque

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