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 Cust
- Document Sent to Bank
- Document Paid
The posting for the Document Accepted by Cust 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