ISTech Support Forum - Electronic funds tranfers

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	11/01/24 at 01:34:27 News: \| IS Tech Support \| Evo~ERP \| Evo Wiki \| Forum \|

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Electronic funds tranfers (Read 389 times)

deburr Senior Member Posts: 487 Gender:	Electronic funds tranfers 10/23/06 at 12:04:24 Would be nice to have a way of noting payments to vendors done outside the regular checking account number sequences like EFT's so that regular check numbers would not be reset. I would use EFT in front of the check number but the system doesn't allow alpha characters to be used in that field.
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lmk223a

Senior Member

Accountant

Posts: 379

Re: Electronic funds tranfers
Reply #1 - 10/25/06 at 04:54:55

AP-B with voucher type of MANUAL CHECK. This feature is used for direct payments to vendors and you have the option of printing a check for your records if you desire.

I use this to record wire transfer payments to our vendors.

Also, I use a check number of 99999 to indicate outgoing wire transfers for A/P and incoming for A/R. That way all wires are grouped together when I reconcile the Check Register. Roll Eyes

EVO/ERP 2007.2 3/2708 update, 15 users
Linda Kucan

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Lynn_Pantic Administrator evolution (n) - gradual change to a different form Posts: 5681	Re: Electronic funds tranfers Reply #2 - 10/25/06 at 06:01:09 Using the same check number for all such entries is a bad idea if you ever need to reverse one. Better to use different numbers in a range that is different from regular checks so they are grouped together but have unique numbers.
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lmk223a Senior Member Accountant Posts: 379	Re: Electronic funds tranfers Reply #3 - 10/25/06 at 12:05:34 Good point!! Luckily, I have never had to reverse one.
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ISTech Support Forum › Evo-ERP and DBA Classic › Suggestions for Updates

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