Check writing over draft

[Former Member]

B1 will not allow us to cut checks that exceed the bank balance, but actually there is a positive balance based on previous checks that have not cleared.

We always run a negative balance, on paper, in our checking account.

How can we set up B1 to allow us to cut checks even when it thinks there is not enough money in the bank?

Thanks,

Rob

[Former Member · Accepted solution]

Rob,

It is common knowledge that if you don't have enough money, you should never write a check. Otherwise you may get NSF charge. Please don't expect that system will allow you to over draft. You may use some other alternative to make proper balance for the check and reverse them back when you have enough positive balance. Hope the check sending out would not cause NSF charge.

Thanks,

Gordon

[Former Member · Accepted solution]

Gordon,

I appreciate the quick replies , but the cute editorial should be left out. You are not aware of our relationship with our bank, nor are you aware of our banking practices, moving money between accounts. Any well written system will give users the ability to set up parameters as we see fit.

As there is little to no documentation with Business One, I find this forum the best place to get advice, please do not make this one resource a forum for you to belittle the users.

I asked a simple question, a simple answer is all I ask for. No is sufficient.

Thank you,

Rob

[Former Member · Accepted solution]

Hi Rob,

There is an editable field in the payment wizard where you can specify the maximum outgoing payment value for the wizard run.

Updating this to a large value should solve your problem

[Former Member]

Sorry if I made you upset. I don't mean that. I have no intention for any education lessons. Keep posting. You are welcome.

Thanks,

Gordon