The setup of the bank code/bank account record in the Bank Codes program and the transaction type will determine the impact of attaching the same GL Account to multiple Bank Code/Bank Account records: - Accounts payable - No impact - All Bank Code / Bank Accounts will display the Accounts payable information for the GL Account. Payroll - Payment Manager : User will encounter a pop up directing user to update the Bank Code.
- Payroll - No impact - both Bank Code / Bank Accounts will display the Payroll information for the GL Account.
- Payroll Direct Deposit - High Impact - Transactions will link to ONLY one Bank Code / Bank Account during the Create Items process. The same information will NOT show on all Bank Code / Bank Accounts.
- General journals (GEN), General Cash Receipt (GCR) journals and Deposits (CRPs) - High Impact - Transactions will link to a single Bank Code / Bank Account during the Create Items process.
It is NOT recommended to have the same GL Account on multiple Bank Code / Bank Accounts when using Payroll Direct Deposits or Adjustments (GEN) and Deposits (GCR,CRP). - Payroll direct deposits, GEN, GCR and CRP transaction lines are pulled into Bank Reconciliation using 'Create Items' in the Adjustments/Deposits Reconciliation program. This process assigns the transactions to a single specified Bank Code/Bank Account. Once assigned, the transaction will not display under a different Bank different Bank Code/Bank Account
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