Creating company cash code relationships

You must define a relationship between a general ledger company and a cash code for the company to process transactions for a specific bank account.

Select Company Cash Codes.
Click Create.
Select a company and specify a cash code.
Specify this information:

Cash Posting Account

Select the code block cash account to use for posting Payables payments and Receivables deposits.

Transfer Clearing Account

Optionally, select the global ledger bank transfer clearing account that is used for bank transfers.

Payment Clearing Account

Optionally, select a global ledger payment clearing account unit. This clearing account is used to process cash ledger payments.

Electronic Payment Account

Optionally, select a valid global ledger EFT/credit card extract clearing account unit. This is used for processing cash ledger EFT and credit card extracts.
On the Reconciliation tab, specify this information:

Over and Under Tolerance Amount

To avoid manually reconciling differences between issued amounts and cleared amounts for a transaction, specify a range for the variance. It should be an amount that you are willing to tolerate.

Variance Account

If you defined reconciliation tolerances, then select the variance account to use to post variance amounts.

Reconcile Global Ledger Entry

Select this check box if a global ledger entry is created from the cash account to a reconciliation account. This occurs when a transaction is reconciled for the cash code.

Reconciliation Account

Specify a valid reconciliation account to use to post reconciled transactions.
On the BOE accounts tab, complete the information:
On the Stale Date Accounts tab, click Create.
Specify this information:

Escheatment Account

Select the account to post escheatment amounts.
Click Save.