Multiple Bank Codes with the same GL Account

What is the impact of assigning the same GL Account to multiple Bank Codes?

• General Ledger
• Cash Management
• Bank Reconciliation Classic
• All Versions of MUNIS

Attaching the same GL Account to multiple Bank Code, Bank Account combinations can result in issues if Payroll Direct Deposits or Accounts Receivable is being reconciled on both Bank codes.

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 -  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 Code/Bank Account 

Munis Transaction is not pulling into Bank Record - GL Cash Account and Effective Dates are correct

Bank Code/Bank Account records can be set exclude AP or PR transactions, but there is no option to exclude GEN, GCR or CRP  transaction types.