Wondering how I can retrieve EFT disbursements to the g/l as one amount to the bank as will show on my bank statement rather than the individual amounts that are posted to each vendor. Is this possible?

Hi Janet,

Are you doing a System Check run or Manual Check batches to create your EFT transactions?

There is a company profile option (System Options tab) for consolidating the Bank GL amounts to a single entry for System Check runs (whether or not EFT is used) called 'Post System Checks in Detail', which you would want to disable in order to get a single GL bank entry. The other side of the transactions would still be detailed for each vendor payment. And this option does not affect Manual check batch posting.

I did see this but if I still do some cheques I guess I would have to switch this back and forth?

Hi Janet,

There's an easy way to set this up using Adagio BankRec. Your Adagio Consultant can show you how this would work.