Some banks need to do reconcile payment, some banks don't.

 Hi everyone,

I have a question about Bank reconcile payment and need your help.

I will explain what I have set first :

Payment Accounting Option in Payables Options have been set as

Account for Payment

  [Enable] When Payment is Issued

  [Enable] When Payment Clears

Now I have set 2 banks account as

BANK-456

BANK-456-CLEAR

And the Cash and Cash clearing account in Bank Account Setup are

BANK-456:

Cash                 101

Cash Clearing    101

Bank-456-CLEAR

Cash                 101

Cash Clearing     701

** 101 = Cash

** 701 = Cash Clearing

** 201 = AP

1. If I create accounting at Payment with BANK-456 the accounting entry is

Dr     201 (Accounting Class = Liability)

   Cr     101 (Accounting Class = Cash Clearing)