Bank Feed + Bank Reconcillation

Hi obododan, 

 

Thanks for the response and thank you for repeating the concern. 

 

I'm sorry if I confused you in my previous reply. The electronic payment process will still apply to this, as we are just trying to match one bank feed transaction to 3 different payment transactions in the file. We are simply passing individual payments to the clearing account and moving as a bulk transaction to the bank account of choice. 

 

The process is as follows.

1. Record all three purchase bill payments making sure that instead of choosing the bank account mark the electronic payment button.
2. Open Banking > Prepare electronic payments window.
3. Choose the bank account and date of the bulk transaction. 
4. Mark all three transactions that make up the bulk transaction.
5. Make sure that the Total Payment amount equates to the bank feed transaction amount.
6. Click the Bank File button.

If this is followed correctly, the electronic payment will automatically match with the bank feed (given they have the same date and amount). 

 

Let us know if you require any further assistance. 

 

Cheers, 
Genreve