Skip to main content
Solved

Configuring Clearing Accounts for Bank Deposits

S
Jr Varsity III
Forum|alt.badge.img

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!

View original
    Did this topic help you find an answer to your question?

    6 replies

    S
    Jr Varsity III
    Forum|alt.badge.img
    • SBaldwin
    • Author
    • Jr Varsity III
    • 54 replies
    • 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
    Jr Varsity III
    Forum|alt.badge.img
    • SBaldwin
    • Author
    • Jr Varsity III
    • 54 replies
    • 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
    Jr Varsity III
    Forum|alt.badge.img
    • SBaldwin
    • Author
    • Jr Varsity III
    • 54 replies
    • 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
    1 person likes this
    • Chris Hackett
      Chris Hackett
    Chris Hackett
    Community Manager
    Forum|alt.badge.img
    • Chris Hackett
    • Acumatica Community Manager
    • 2754 replies
    • 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
    Jr Varsity III
    Forum|alt.badge.img
    • SBaldwin
    • Author
    • Jr Varsity III
    • 54 replies
    • 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?

    Chris Hackett
    Community Manager
    Forum|alt.badge.img
    • Chris Hackett
    • Acumatica Community Manager
    • 2754 replies
    • 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*.

    Reply


    Most helpful members this week

    Terms & ConditionsCookie settings

    Cookie policy

    We use cookies to enhance and personalize your experience. If you accept you agree to our full cookie policy. Learn more about our cookies.

     
    Cookie settings
    About Acumatica ERP system
    Acumatica Cloud ERP provides the best business management solution for transforming your company to thrive in the new digital economy. Built on a future-proof platform with open architecture for rapid integrations, scalability, and ease of use, Acumatica delivers unparalleled value to small and midmarket organizations. Connected Business. Delivered.
    © 2008 — 2024  Acumatica, Inc. All rights reserved