Direct Banking is an extension for Microsoft Dynamics 365 Business Central that offer the tools to import and export between the Microsoft Dynamics Business Central ERP system and third party banking application (Ponto – Isabel) or (Cobase). The extension is suitable for standard Business Central functionality as well as for customizations present in your environment.
The functionality of Direct Banking includes, but is not limited to, the following key features:
- Create payments to vendors;
- Create bank accounts to customer and/or vendor from the Bank Statement;
- A blocked-account that contractors can use to pay payroll taxes (with or without VAT) of personnel hired by them to the tax authorities or to subcontractors.