Example of posting automatic bank transactions

This topic gives an example of how automatic bank transactions are posted to the appropriate accounts. The transaction category must be Cash.

Bank/payment method indicates that LN uses the ledger account you defined in the Data by Bank/Payment Method (tfcmg0145s000) session.

Anticipated payments or receipts indicates that LN uses a ledger account from the financial business partner group.

Receipt example

The steps selected:

  • Document Accepted by Customer
  • Document Sent to Bank
  • Document Paid

The posting for the Document Accepted by Customer step can be:

  • Debit: Bank/payment method
  • Credit: Input (ledger account)

The posting for the Document Sent to Bank step can be:

  • Debit: Input (ledger account)
  • Credit: Anticipated payments

The posting for the Document Paid step can be:

  • Debit: Anticipated receipts
  • Credit: Bank/payment method
Payment example

The steps selected:

  • Document Accepted/Sent
  • Document Paid

The posting for the Document Accepted/Sent step can be:

  • Debit:: Anticipated payments.
  • Credit: Bank/payment method.

The posting data for the Document Paid step can be:

  • Debit: Bank/payment method
  • Credit: Anticipated payments

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