New feature - Automatically clear bridged transactions

New feature - Automatically clear bridged transactions


Version: 10.39

This feature is an extension of the standard function “Advance bank reconciliation”. It allows us to automatically reverse the bridging transaction based on the matching of the bank statement. In other terms, the system will automatically generate reverse clearing transactions triggered by the matching made in bank reconciliation. Typically, it’s regarding the entry for credit cards or checks: https://daxmsdynamics365.wordpress.com/?p=1848&preview=true

Robert Hawke

Business Process Manager at OMICRON electronics Corp. USA

3 天前

We were excited about this feature and started using it, but now have the issue that the bridged transactions get cleared on the bank account on the day that the user presses the button to complete the bank rec, not on the date that the transactions actually cleared. So for instance if the bank statement for Jan 31 is imported and loaded and then reconciled on Feb 1, the automatic posting for the bridge transaction clearing has a date of Feb 1, instead of Jan 31. And as a result the bank balance in the general ledger per end of Jan 31 does not match what the bank shows, which is the whole point for using a bridging account. Do you have any solutions for this?

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Alicia Keener

Speaker, Microsoft MVP, Implementing Microsoft solutions to optimize Life Science businesses - 2023 Microsoft Partner of the Year Award Winner

10 个月

I’m so happy MS added this! Thanks for sharing ??

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