Bank Options

You use the Bank Options form to specify default codes and processing settings for Bank Services. You use it when setting up Bank Services, or when you need to change your selections.

The Bank Options form lets you:

• Change the contact name, telephone number and fax number for Bank Services.

• Specify the bank code to display as the default for the Reconcile Statements form and in new bank transactions.

• Specify the type of message to display if you try to post a reconciliation that includes a transaction reconciled in a future period.

• Specify how transactions in the Deposit Details form are sorted.

• Specify the default distribution code or the general ledger account to use for bank entries and for service charges that you enter with bank transfers.

• For a multicurrency company, specify a general ledger transfer adjustment account to which to post rounding differences when you transfer funds between two bank accounts that use different currencies. (Do not select an account to which posting is prohibited!)

• Specify the document numbers to assign to bank entries and bank transfers.

• View the next posting sequence number.

Note: If your system uses security, you need Setup Maintenance authorization to edit Bank Services options. You require Maintain Bank Information security authorization to view bank options.

G/L Integration Options

You use the Bank G/L Integration form to select options that govern the interaction between Bank Services and General Ledger, including when and how to process General Ledger transactions.