We are starting to do EFT(s) to process some payments. I usually create a batch of invoices and then create a payment batch, In the past they have all been to cheques so I select criteria and then process the cheques. Once posted they will appear in my Bank Reconciliation.
I created a new payment code EFT and selected Payment Type Cash so it would come out of our general account. When I did the payment entry and selected EFT as the payment code I selected the Cash Account and it went to my Bank Account - Operating. This is where I wanted it to go.
When I went into the reconciliation I cannot see that payment. I must not be linking the two properly.
So how do I link a payment code to the bank reconciliation?
thanks
Maggie