G-Account

The NL Direct Banking extension provides the possibility to work with G-Accounts (Blocked accounts)
Initial setting can be found on the Vendor. You can setup a second Bank Account and the % or fixed Amount which must be calculated from the payment amount. The calculated difference will create a second payment line in the telebanking Proposal for the G-Account.

If this setup is on the vendor card your purchase order/ purchase invoice will be created with this default split. You can change this on the document if needed.

When the payment is executed the payment history contains the information of the G-account entries.

Direct banking and G-Account Processing steps.

Setup

• Additional g-account bankaccount in the vendor card

• Setup split of percentage or amount in the vendor card

Open

Purchase Invoice

• When creating the Purchase invoice the G-account settings from the Vendor card are copied into the Purchase invoice header
  - If specified from the Vendor card you can always overrule in the purchase invoice
  - If not specified on the Vendor Card you can enter the info direct in the Purchase invoice
  - After posting the Purchase invoice only 1 Vendor ledger entry is created

Payment initiation from the Telebanking localization

• Performing the Proposal in the Telebanking results in 2 separate lines with the split based on amount or percentage registered in the Purchase invoice

• Processing the proposal and creating the export for the payment of the G-account is processed similar to the default vendor payments process. (DB will keep track of the G-Account entries table and if open yes/no)

• DB Import/job queue
  Import and reconciliation is carried out within the same default reconciliation process. (DB will keep track of the G-Account entries table and if open yes/no)

Open

Posting of the Bank/Giro

• Payed G-Account entries will be applied against the outstanding vendor ledger entries.