Functions Dutch Electronic banking

In this topic the use of Telebanking is explained, you can export payments, import bank statements, and collect data to forward to the bank. You can create payment proposals and reconcile bank accounts in the cash, bank, and giro journals.

Transactions

In general, all financial interactions with vendors and customers are done through either purchase or sales invoices and credit memos. As soon as these transactions have been registered and posted, payments or collections can be carried out by your company.

Payment Files

You can make payment proposals for paying open invoices to vendors. Payment proposals can be edited manually prior to processing to add or remove payment invoices, or to change payment amounts. After processing a proposed payment batch, you can transfer electronic payment files to the bank. If an error occurs in the payment file while importing into the banking software, you can make a copy of the payment file to resubmit to the bank. You can make domestic payments and international payments using the designated formats.

Proposals

Based on vendor ledger entries, telebanking enables you to generate payment proposals. This can be done for any bank that has been set up for your company. Both domestic and foreign payments are possible. You can set up Business Central to combine payments to the same bank account automatically. When a proposal has been agreed upon, it should be processed into a payment history.

To create a payment history for a proposal
Choose the Lightbulb that opens the Tell Me feature icon, enter Telebank – Bank Overview, and then choose the related bank. If you want to print the proposal before you process it, choose the Print button. To process the proposal, choose the Process action. To view the payment history, close the Telebank Proposal page. Make sure the same bank account on the Telebank – Bank Overview page is selected, and then choose the Payment History action. The Payment History List page displays the payment history that you just created.

Payment Histories

A payment history is nothing more than a proposal except for the fact that data on a payment history cannot be modified. The payment or collection data is ready to be exported and forwarded to the bank.

To export a payment history
On the Payment History List page, choose the Export action.