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ManualDoc:TFF8080812F213146012F2135BC25000E

Financialaccount06.png

There are few key fields to note:

The "header" tab process buttons allow to perform below listed actions for each financial account transaction:

Modify

"G/L item" transactions type can be modified after being processed and even reconciled by using the "Modify" button.

"Modify" button is only shown if the financial account transaction is a G/L item transaction type.

Once the "Modify" button is pressed a new window is shown displaying the list of fields that can be changed.
The values shown are defaulted to the values that the transaction currently has, however those values that are the "G/L Item" and the accounting dimensions can be changed as required.

It is important to remark that:

Delete

Every transaction can be removed from the financial account by using the header process button "Delete".

Delete action just delete the deposit or the withdrawal transaction from the Transaction tab of the financial account.
It does not delete the related Payment Out or Payment In.
This way of working allows to reactivate a payment out for instance, change it and process it once again, and finally get it withdrawn from the financial account once again.

Post/Unpost Transaction

Every transaction can be post to the ledger or unpost by using the header process button "Post/Unpost".

The "ledger" accounts used while posting a "G/L item" transaction to the ledger are the ones defined in the Accounting tab of the G/L Item and either the "Deposit Account" or the "Withdrawal Account" defined in the Accounting Configuration tab of the financial account

The "ledger" accounts used while posting a "Fee" transaction to the ledger are the one defined in the Accounting Configuration tab of the financial account, field "Bank Fee Account" and either the "Deposit Account" or the "Withdrawal Account" defined in the Accounting Configuration tab of the financial account.

Rest of deposit and withdrawal transactions can be posted at the time of being deposited or withdrawn from the financial account if the payment method used while creating the payment allows to do so once assigned to the financial account.
If that is not the case Openbravo shows a warning : "Document disabled for accounting".

A "Deposit" transaction posting looks like:

a. if the Payment Received was NOT posted in the "Payment In" window:

Account Debit Credit
Upon Deposit Use the "Deposit Account" (i.e.) Payment amount
Customer Receivables Payment amount

b. if the Payment Received was posted in the "Payment In" window:

Account Debit Credit
Upon Deposit Use the "Deposit Account" i.e.) Payment amount
Upon Receipt Use the "In Transit Payment IN Account" i.e.) Payment amount

Each posting will be different when the amount comes partially o totally from a debt classified as doubtful. In that case, the posting will be as explained in | Doubtful Debt Run Window.

A "Withdrawal" transaction posting looks like:

a. if the Payment Made was NOT posted in the "Payment Out" window:

Account Debit Credit
Vendor Liability Payment amount
Upon Withdrawal Use the "Withdrawal Account" i.e.) Payment amount

b. if the Payment Made was posted in the "Payment Out" window:

Account Debit Credit
Upon Payment Use the "In Transit Payment OUT Account i.e.) Payment amount
Upon Withdrawal Use the "Withdrawal Account" i.e.) Payment amount

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