asking about the function of account type in vendor bank account

Finance and Operations/AX User Forum
1

Dear experts,

Could i know what is the purpose of this field ?

In what circumstances, we should use which one ?

5852.vendor bank account.png
5852.vendor bank account.png1350×654 63.4 KB

Thanks in advance

Regards

Rudy

2

Giros is kind of electronic payment system mainly used in Europian countries. It’s similar to ACH system. Although i am not sure, the field is present in AX for identification purpose, such that the particular bank account will be used for Giro payments.

Pranav…