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CM reconciliation for one Bank account and not required for other banks - how to achieve

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edited Mar 20, 2023 11:37AM in Payables, Payments & Cash Management 2 comments

Summary:

CM reconciliation for one Bank account and not required for other banks - how to achieve

Content (required):

Business has multiple banks under one Legal entity and assigned to Business Units. Out of 5 bank accounts and 2 bank accounts need reconciliation in Cash Management module. Remaining 3 bank accounts don't need reconciliation in Cash Management.

3 Banks account should be hit to "Cash Account" directly.

In payment options we have 3 Radio buttons and at any point of time, we can enable only one check box. I don't have similar setup at bank account level.

If enable 3rd option (at Payment and clearing) and transaction need reconciliation for all 5 accounts.

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