Search - Direct Banking

Process Overview

In this chapter you can find how to work with the IDYN Direct banking solution and how it’s integrated with Business Central. Basically this chapter is split into 2 sub chapters: Account information. If you only want real-time information and…

Matching insights

Process Overview » Importing transactions » Transaction reconciliation » NL Matching » Matching insights

The NL Matching relies on the Direct Banking Matching engine. To visualize the decisions that were made in the reconciliation process, the Direct Banking Matching engine stores the results of the matching process in a log. The NL Matching is optimized for bulk and…

W1 Export from Journal

Process Overview » Payment Initiation » W1 Export from Journal

When using the W1 you will initiate a payment by using the Payment journal. When you want to export the file and select the BCB Banking export protocol “DIRECTBANK_NL_VEND” you will not create a sepa-xml but it will process a direct link to the provider…

NL Export from Telebanking

Process Overview » Payment Initiation » NL Export from Telebanking

When using the telebanking module of the NL Localization you will initiate a payment by using the proposal of the Dutch localization. Processing the proposal will create the actual payment history card with the associated payment lines. Above process is based on the…

General

Knowledgebase » General

This section gives information on topics that apply the process of importing and exporting transaction for BCBanking. Electronic banking functionality allows you to create electronic payment files and direct debit files, and to import electronic bank statements…

Direct Banking Matching

Process Overview » Importing transactions » Transaction reconciliation » Direct Banking Matching

For effective matching between bank transactions and outstanding invoices a new reconciliation engine has been developed in the Direct Banking solution. We have done this because the standard reconciliation process in standard BC was taken decisions that in a bulk…

From Business Central

Process Overview » Payment Initiation » Creation and signing payments » From Business Central

If the payment authorization preference is set the option “From Business Central” the authorized user for signing must access the direct banking payment page. In this page the signing process can be activated from the factbox. The advantage of this page…

Functions Dutch Electronic Banking

Knowledgebase » General » Functions Dutch Electronic Banking

In this topic the use of Telebanking is explained, you can export payments, import bank statements, and collect data to forward to the bank. You can create payment proposals and reconcile bank accounts in the cash, bank, and giro journals. Transactions In general,…

W1 matching

Process Overview » Importing transactions » Transaction reconciliation » W1 matching

W1 general information about matching with the W1 In basic the changes on the reconciliation process when the W1 is used are small. We added following consideration on the matching: Direct banking account matching determine the account Direct banking text to…

Text to account matching

Process Overview » Importing transactions » Transaction reconciliation » Direct Banking Matching » Text to account matching

Text-to-account mapping is used as an alternative for finding the accounts on bank account number or name. Specific texts can be setup and when these texts are found in the remittance information of the transaction then this account is applied. In the standard BC…

Transaction mode

Setup and Configuration » NL Specific settings » Transaction mode

The Transaction mode card has some integrations for the Direct Banking process. The first thing you have to adjust on for the Vendor the Paym. Proposal tab the following fields: Field Description Our Bank Export Protocol …

Direct Banking Account

Setup and Configuration » Direct Banking Account

Before setting up the Direct Banking account first follow the steps on setting up your Business central bank account(s). For every Direct Banking Account you want to synchronize automatically, you have to define the Bank Account, as mentioned above. On the Direct…

Blocked Account (G-Account)

Setup and Configuration » NL Specific settings » Blocked Account (G-Account)

A blocked-account that vendors, contractors can use to pay payroll taxes (with or without VAT) of personnel hired by them to the tax authorities or to subcontractors. On the Vendor Card on the Payments tab you have to fill in the following fields Preferred Bank…

Import financial transactions

Process Overview » Importing transactions » Import financial transactions

The manual process is available on the Direct Banking Account page. In the action ribbon you can start the import transactions action. For both imports (scheduled or manual) you will only import the new statement lines available after the registered last transaction…

Account matching

Process Overview » Importing transactions » Transaction reconciliation » Direct Banking Matching » Account matching

Determining the paying party or the recipient of bank transactions is an important first step in the process. It can significantly narrow down the number of outstanding invoices that need to be evaluated. Furthermore, a bank transaction typically holds information that…

Factbox

Process Overview » Importing transactions » Transaction reconciliation » NL Matching » Matching insights » Factbox

The Bank/Giro Journal has been extended with useful Factboxes to visualize the decisions made during the reconciliation process. For every line in the journal, which represents one transaction, it’s visualized how many outstanding invoices were evaluated. One…

Bank/Giro journal

Process Overview » Importing transactions » Transaction reconciliation » NL Matching » Bank/Giro journal

The Bank/Giro journal is a dutch localization and is not part of the Direct Banking extension. The NL direct banking works with the Dutch Localization. This Localization has provided this separate bank/giro journal. This is needed to make the reconciliation and…

Amount matching details

Process Overview » Importing transactions » Transaction reconciliation » Direct Banking Matching » Invoice matching » Amount matching details

In the final step the matching candidates are compared against the amounts of outstanding invoices. This step is executed for every account that has matching candidates. When there was a match on an account in the first step of Direct Banking Matching, then only…

Setup

Setup and Configuration » Setup

To start using Direct Banking, you will first have to provide some information and preferences on the setup card. If the wizard is completed correctly the information on this setup page is defaulted from the Ponto account. Credentials On the Credentials tab you can…

Initial import: Balancing the bank account in the dutch localization

Process Overview » Importing transactions » Initial import: Balancing the bank account in the dutch localization

Opening balance scenario: First step on defining the correct bank account balance the initial import transactions must be imported in business central. Depending on the selection in the prompt the transaction lines will be uploaded in the transactions…

Functions Belgium Electronic Banking

Knowledgebase » General » Functions Belgium Electronic Banking

In this topic the use of EB Payments is explained, you can export payments and collect data to forward to the bank. You can create payment proposals and reconcile bank accounts in the general journals. Transactions In general, all financial interactions with vendors…