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Receivables - EBS (MOSC)

Receipt confirmation and Remittance GL accounts - Should they be tied to and vary by bank accounts j

Apr 11, 2018 7:35AM edited Apr 11, 2018 10:55AM in Receivables - EBS (MOSC) 1 commentAnswered ✓

Receipt confirmation and Remittance GL accounts are specified on Receipt Methods, instead of bank account setup.

The widely used practice is that each bank account should have a seperate GL account for cash.

Should the same treatment be extended to Remittance and Confirmation accounts?

Or can same Receipt Confirmation and Remittance GL account be shared by all bank accounts?

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