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How is payment accounting done if option "at payment clearing" is set and there's no reconciliation?

Accepted answer
edited Nov 20, 2020 9:43AM in Payables, Payments & Cash Management 5 comments


In Romania, payment need to be accounted only after receiving the bank statement as a proof of payment (legal requirement).
In order to do so, we set the Payment option "Account for payment" at "at payment clearing".

From our initial test, the SLA Journal Rulset "Reconciled Payment" is indeed the one triggered to account for payment (nothing accounted when payment is issued) which is the expected behavior.
However, we will implement netting as a Payment method and for netting, no bank statement is received and therefore, no reconciliation is done in Cash Management. We may also have some other "technical" payments for which no reconciliation will be performed.

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