Microsoft Dynamics 365 Enterprise Edition - Financial Management - Third Edition

Understanding cash and bank integration

The modules' transactions represent the customer's deposits in the company's bank accounts, either by cash or by check, and also payments to vendors through cash or check. Bank reconciliation is an important procedure performed weekly or monthly (according to the number of transactions and the customers' business needs). This process should be performed once a month, before the closing period, to ensure that bank transactions (bank statements) are matched with book transactions, which are recorded in Microsoft Dynamics 365 for Finance and Operations. The following diagram shows the integration of cash and bank management:

The Cash and Bank Management module is a shared module between the Accounts payable ...