Supplier accounting based on Bank feed

GT1

Hi

 

Can I not enter supplier invoice just wait for it to come through via bank feed and allocate it to an account there? Is this proper?

 

I notice how you can allocate via bank feed to any account and make changes to which account you allocate to whenever you want, doesn't seem very "secure". Maybe this is due there is no underlying supplier invoice entered into the system for the bank feed to match to?

Komal_S

Hi @GT1 

 

You are correct in mentioning that there is no option to match a supplier invoice to a bankfeed because it is not entered in the system already. If you enter the supplier invoice in the system before you get bankfeeds, you can match them without having to allocate. 

Allocation is a feature to quickly create the transactions for the bankfeeds, however, it's not mandatory to use. You can always choose the matching option by entering the transactions in the system first.

 

Please let me know if you have further questions.