AX2012 R2 automatic bank reconciliation functionlality

Finance and Operations/AX User Forum
1

We are looking at implementing AX2012 R2 automatic bank reconciliation functionality.

I have read the available documentation on this and it seems clear it is able to reconcile transaction found in the system to those from the import statement. However it is not clear if it is able to pick up transaction from the statement and process these to the AX Bank and GL modules.

For example interest charges are found on the bank statement . Can the functionality post these to the bank and a designated General ledger account automatically.? The code from the statement would need to be matched to a tran type and GL account in AX.

Thanks

2

From your bank statements form, mark the transaction which is Interest transaction and click the check box “New”. T

hen you see “Post” button gets enabled. This way you can directly post the transactions that appear in bank statement but not in your bank trans.

3

Thanks Santosh