Electronic Payment
I have created bills and recorded payments at electronic payments. I then downloaded the bank file and uploaded it to my bank for a payment. The payment is to multiple suppliers so is termed a bulk transfer by our bank. When it comes through on the bank feed, it matches to the electronic payment but doesn't allocate the individual payments to the supplier so the accountant can see them when they log into their system. If I choose the allocate option rather than match, each payment to the supplier is listed on a separate line but has the account code as 'electronic clearing account'. The same thing is happening for the payroll. Each employee's transaction is listed under the allocate tab but the account code is 'electronic clearing account'. Any ideas?
