As we continue to enhance our various software offerings, it takes time for the demo videos to catch up with the features that have been added since the last video production. This page itemizes any of those new features that will be illustrated in the next version of each video.
For a complete list of features, see each product's webpage.
eBanking Suite for Dynamics AX
(All videos will be recreated using AX2012)
Positive Pay
eBankRec Standard
eBankRec Advanced
- Intermediate matching, independent of reconciliation
As reconciliation files are received from the bank they can be immediately matched and reviewed. This allows for daily matching so month-end reconciliation becomes a breeze.
- Match summarized bank transactions to AX journal totals
(typically ACH)
During reconciliation, individual transactions are generally matched against the corresponding bank transaction. This new feature allows for reconciling the total of an A/P, A/R or G/L journal against an individual bank transaction. This can be useful when the bank summarizes a set of transactions into one statement item (e.g. ACH transactions)
LockBox Processing
- Customer lookup/matching by transit/routing and account number
Optional customer account matching by the MICR transit/routing and account number
- Split files into multiple LB journals; manage multiple LB operators
When importing LB files that contain multiple batches optionally split them into separate LB journals. This is helpful to distribute the review workload amongst your A/R settlement clerks.
- Flexible settlement methods by customer account, including:
- None - no automatic settlement occurs - the payment will be settled manually
- Oldest invoice first
- External file import - when settlement details are not included in the LB file, those customer settlement details can be imported from an external file. Multiple customer detail can be included in one external settlement file.
- Credit Note support
Credit notes (negative entries in the LB file) that are found in AX will be marked for settlement. When an imported credit note is not found it's placed in the errors grid for lookup or to be added to AX via the "Free Text Invoice" screen.
- Secondary matching
Enhanced invoice number matching was made more flexible. Leading zeroes and/or missing prefixes are now found as matches. Setup options can make these secondary matches "good" transactions.
- AR Journal Name by bank account
Each bank account can now have its own AR journal name
- Support for multiple BAI2 formats
A base class has been implemented such that variations in the BAI2 "standard" are more easily accomplished. Currently Wells Fargo and Citibank are included.
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