Settlements in Ofbiz

[ja...@productive1.com]

Can someone tell me how Ofbiz settlement and bank reconciliation is
designed to work.  Here is the process.

1. Customer Makes a payment and we receive into Ofbiz
2. We make a physical deposit to the bank.  The deposit could be made up
of several payment receipts
3. We reconcile our physical bank account by deposit (not necessarily
each transaction as we already identified each transaction in the
deposit


Which Ofbiz functionality overlays each one of these steps?

Thanks,

Quincy

Re: Settlements in Ofbiz

[Nameet Jain <na...@hotwaxsystems.com>]

Hi James,

Accounting provides support for transaction reconciliation. Here is
a document for your reference
https://cwiki.apache.org/confluence/display/OFBENDUSER/12.2.2+Account+Reconciliation
https://cwiki.apache.org/confluence/display/OFBENDUSER/12.2.3+Account+Reconciliations

You can try using this link
https://demo-trunk.ofbiz.apache.org/accounting/control/findGlAccountReconciliation?organizationPartyId=Company

Thanks
--
Nameet Jain


On Wed, Apr 15, 2020 at 9:04 PM <ja...@productive1.com> wrote:

> Can someone tell me how Ofbiz settlement and bank reconciliation is
> designed to work.  Here is the process.
>
> 1. Customer Makes a payment and we receive into Ofbiz
> 2. We make a physical deposit to the bank.  The deposit could be made up
> of several payment receipts
> 3. We reconcile our physical bank account by deposit (not necessarily
> each transaction as we already identified each transaction in the
> deposit
>
>
> Which Ofbiz functionality overlays each one of these steps?
>
> Thanks,
>
> Quincy
>