Transfer funds from one bank to another in D365

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Posted on by Michael agostini

Dear MSFT Community

Trying to determine the best way to do a journal entry to move funds from one bank to another. If I do a general journal it appears I need a clearing account unless I allow for a change in how the vouchers are created which we do not want to.

Any other options?

Thanks Michael Agostini

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MATTGUO 22,349 Moderator on at

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Hi Michael,

You can use a bridge account to transfer the funds.

Dr Bridge account

Cr Bank A

Dr Bank B

Cr Bridge account

What do you mean "If I do a general journal it appears I need a clearing account"?

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Ludwig Reinhard Microsoft Employee on at

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Hi Michael,

You are right, a clearing or 'bridging' account is needed as D365FO currently prevents direct postings from bank A to bank B in a single voucher.

Might be something to let MS know by making a note on the ideas site, which you can access from the ideas link on top of this page.

Best regards,

Ludwig

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Michael agostini on at

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Thank you for the assistance!

Michael Agostini

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