Hi,
•Global Settings for Electronic Bank Statement
1) Create Account Symbol – We will specify GL Accounts such as bank, cash receipt, outgoing checks to which postings are to be made from the account statement and assign account symbols to the GL account numbers.
2) Assign accounts to account symbols – We will define postings to be triggered by possible transactions in the account statement (Such as bank transfer, debit memo).
3) Create keys for posting rules - Assign posting rules to possible transactions in account statement file. A list of assignments where one external transaction code is assigned to one posting rule is called transaction type.
4) Create a transaction type - Assign bank details, for which the account statements have to be imported, to a transaction type. All the house bank accounts at a particular bank are usually assigned to the same transaction type.
Regards,
Saleem