AMC Banking 365 BC - Payment account finding

  • AmcbankingAmcbanking

Payment Account Finding is used in the Payment Journal when running the Suggest Vendor Payments process.By default, a payment journal is linked to a journal batch name, which can only be associated with one bank account. This means that, by default, all payments will be processed through that single bank account.

By configuring Payment Account Finding—either on the bank or directly on specific vendors—it becomes possible for the Suggest Vendor Payments process to use other bank accounts defined in the Payment Account Finding setup, as long as those accounts belong to the same bank as the one connected to the Payment Journal batch.

This document explains how to set up Payment Account Finding from within a bank.The procedure for setting it up from within a vendor is almost identical, except that in this case, the setup is locked to the selected vendor number.

How to go to Payment Account Finding

1. In the Business role center, go to AMC Banking > Administration > Banks

Then, choose the bank you want to configure using Payment Account Finding..

2. In the Business role center, go to Vendors

Then, choose the vendor you want to configure using Payment Account Finding.

Grid overview

Finding levelFinding level have two option:

  • Account Type

  • All

Account typeIf Finding Level = Account Type, the Account Type field provides four options; otherwise, the field is locked.

  • Customer (Currently, this option has no functional purpose)

  • Vendor

  • Bank Account (Currently, this option has no functional purpose)

  • Employee (Currently, this option has no functional purpose)

Account No.If Finding Level = Account Type, the Account No. field displays the account number of the selected Account Type; otherwise, the field is locked.

Currency CodeIf a Currency Code is specified, the payment suggested in the Suggest Vendor Payments process must match this value for the rule to take effect.

Bank Account CodeSpecifies the bank account to be used for payments suggested in the Suggest Vendor Payments process when the rule applies.

Payment MethodIf a Payment method is specified, the payment suggested in the Suggest Vendor Payments process must match this value for the rule to take effect.

Ribbon (Action bar)

Manage > Delete

1. Delete the selected Payment account finding rule.

Payment account finding will be using following priority:

Account type (First priority)

  • First try "Finding Level" = "Account type" where Account No., Currency Code and Payment Method match payment suggested.

  • Second try "Finding Level" = "Account type" where Account No. and Currency Code match payment suggested.

  • Third try "Finding Level" = "Account type" where Currency Code and Payment Method match payment suggested.

  • Fourth try "Finding Level" = "Account type" where just Account type and Currency Codematch payment suggested.

  • Fifth try "Finding Level" = "Account type" where Account No. and Payment Method match payment suggested.

  • Sixth try "Finding Level" = "Account type" where Account No. match payment suggested.

  • Seventh try "Finding Level" = "Account type" where Payment Method match payment suggested.

  • Eighth try "Finding Level" = "Account type" where Account Type match payment suggested.

All (Second priority)

  • First try "Finding Level" = All where Currency Code and Payment Method match payment suggested.

  • Second try "Finding Level" = All where Currency Code match payment suggested.

  • Third try "Finding Level" = All where Payment Method match payment suggested.

  • Fourth try "Finding Level" = All where Account Type match payment suggested.