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Configuring Clearing Accounts for Bank Deposits

  • March 24, 2025
  • 6 replies
  • 200 views
S
Varsity I
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I am having one heck of a time configuring a clearing accounts to use them for bank deposits. I’m using the guide from here:

 

https://fedcoseeds.acumatica.com/(W(29))/Help?CompanyID=Test+March+2nd&ScreenId=ShowWiki&pageid=323644f1-ea34-4377-92bc-c1fcb4a86d05

 

But I must be misunderstanding something.

 

I created the clearing account:

 

I did not put any entry types.

I made sure the clearing account could be use in the Payment Methods

 

 

I created a test sales order, made a prepayment using the clearing account

I go to the bank deposit screen and enter the following:

 

 

But when I click “Add Payment” I cannot get the clearing account to appear as an option:

 

I’m sure I’m just missing a small connecting piece.

Thanks!

Best answer by SBaldwin

So it looks like I had to go into the payments and applications page and actually release the prepayment in order for it to show up on the bank deposit screen. Got it!

    6 replies

    S
    Varsity I
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    • SBaldwin
    • Author
    • Varsity I
    • March 24, 2025

    I unchecked “Restrict Visibility With Branch” and was able to select the clearing account as a clearing account for the bank account that it will be deposited into. This may fix my issue. Retesting.

    S
    Varsity I
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    • SBaldwin
    • Author
    • Varsity I
    • March 24, 2025

    I was able to get the clearing account to show up as a possible account to choose from, but the check in my testing sales order does not appear as an option to deposit (even if I changed the “From date” to tomorrow just in case ACU doesn’t like us depositing checks on the same day haha)

     

     

    S
    Varsity I
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    • SBaldwin
    • Author
    • Varsity I
    • Answer
    • March 24, 2025

    So it looks like I had to go into the payments and applications page and actually release the prepayment in order for it to show up on the bank deposit screen. Got it!

    Chris Hackett
    Chris Hackett
    Community Manager
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    • Chris Hackett
    • Acumatica Community Manager
    • March 25, 2025

    Thank you for sharing your solution with the community ​@SBaldwin!

    Chris ~ Let us know how we're doing: https://forms.office.com/r/xmJUdZ1QE5 - A member helped you, please *Like* their post. A member provided an answer to your question, please mark it as *Best Answer*.
    S
    Varsity I
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    • SBaldwin
    • Author
    • Varsity I
    • March 25, 2025

    ​@Chris Hackett anytime! 

    Do you know if there is anyway to automate the releasing of payments? Or maybe there is a setting that releases payments automatically? OR maybe there is a reason behind not releasing them automatically and waiting until a different point in time?

    Isharam
    Chris Hackett
    Community Manager
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    • Chris Hackett
    • Acumatica Community Manager
    • March 25, 2025

    Hi ​@SBaldwin - While I manage the community, I am not a product expert. You should post another question for your query. Cheers!

    Chris ~ Let us know how we're doing: https://forms.office.com/r/xmJUdZ1QE5 - A member helped you, please *Like* their post. A member provided an answer to your question, please mark it as *Best Answer*.
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