2 internal banks

[harikumarc1981@rediffmail]

hi, in AP 11ii 2 internal banks are there. daily transations are going on between the 2 internal banks. so what kinds of setups we have to do for that.

[oteixeira]

Hello.
Do you mean that money is being tranferred between the two banks?
You can handle that by using AR Miscellaneuos Receits, entering a positive amount receipt in the bank where the money is being transferred to and a negative one in the bank where the money is being transferred from. Use a clearing account for both receipts to be sure all transfers have been recorded in both banks.

Hope this helps.
Octavio

[harikumarc1981@rediffmail]

[quote]Hello.
Do you mean that money is being tranferred between the two banks?
You can handle that by using AR Miscellaneuos Receits, entering a positive amount receipt in the bank where the money is being transferred to and a negative one in the bank where the money is being transferred from. Use a clearing account for both receipts to be sure all transfers have been recorded in both banks.

Hope this helps.
Octavio

<i><div align="right">Originally posted by oteixeira

[oteixeira]

Hello.

You only have to create the Receipt Methods in AR to use the desired bank accounts and then enter the Miscellaneous Receipts.

Octavio