Summary
Sometimes a company does not have its own bank account, but uses the bank account of another company. In this situation, Databuild can use that other company's bank account and make the necessary adjustments to loan accounts in both companies.
Details
Edits the necessary data to post to Banks and loan accounts
To make payments (or bank receipts) in company A with a bank account in company B:
In company A:
Set up a "dummy" bank account in company A
Check "Holding Account: Link to another company in the Banks screen
Set up a General ledger account to handle a loan account for company B
In company B:
Set up a bank account
Set up a Job, Supplier and cost centre to to handle a loan account for company A
Set these values in the holding banks scree
From here on in, just post to the bank account in company A. All else is automatic
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Save changes
Closes the routine