Payables & Cash Management

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Topic

    Tim Warner
    Data Loading - Bank Details
    Topic posted February 12, 2016 by Tim WarnerSilver Medal: 2,000+ Points, last edited January 30, 2019, tagged Financials, Payables 
    151 Views, 2 Comments
    Title:
    Data Loading - Bank Details
    Summary:
    How are Bank Name and Branch Name Used?
    Content:

    I am setting up ERP Cloud with the data from my exisiting ERP system, however I do not have the mandatory data for Branch Name and Bank Name. I can look up UK and European Bank information (slow but doable) however for foreign banks this is not always possible.

    Anyone any experience with this? If I add a default value like 'unknown' where will it come unstuck?

    Any ideas welcome

    Comment

     

    • Uma Pachipala

      Hi Tim,

      As long as you get the bank number and branch number , I believe the descriptions can be modified later.

      Where you may stuck is you required bank and branch names to be included in payment files or to be printed. Sure there will be inconvenience due to reading a text unknown from production system

      Uma

    • RP Sharma

      HI 

      In one of our implementation we have been told that banks in Europe do not have branch concept hence can not provide the same for Bank Setup. How do we resolve this problem ??

      Regards

      RP