Hi Experts,
I'm not very much clear on how to do an Automatic Bank Reco in SAP Business One. As I understand the following needs to be done to do an Automatic Bank Reco in SAP :
1. Create a format using EFM Addon to process bank statemet.
2. Link the format to the House Bank Account
3. Define Internal Bank Operation Codes
4. Define External Bank Operation Codes
5. Define Matching Criteria
I have done the above setup and imported the bank statement using the format.
However, I'm facing the below mentioned challenges:
1. The bank statement does not have any operational codes. Is it possible to reconcile statements without mentioning the operational codes?
2. After having imported the bank statement, what's the way forward to do the reconciliations.
Please note, All the transactions have been posted by the users. The requirement is to only do a reconciliation and post additional entries like Bank Charges.
Awaiting clarifications.
Regards,
Jimit