Setting up a Company Bank Account

You can specify a bank account to receive Asperato payments on one or more of your companies.

To specify a bank account to receive Asperato payments:

  1. Click the Accounting Companies tab to display the Accounting Companies homepage.
  2. Locate the company you want to configure to receive Asperato payments.
  3. In the Bank Account field, set the bank account you want to receive Asperato payments.
  4. Click Save.

The following hierarchy is used by the Asperato Integration to find the receivables bank account into which the payment will be collected:

  1. The bank account specified on the Sales Invoice or Billing Document object.
  2. The bank account specified on the Payment Integration Method object.
  3. The bank account specified on the Company object.

If no bank account is set on the Company, Payment Integration Method, Sales Invoice, or Billing Document objects, then the payment is processed by Asperato using the default customer ID in the Asperato ONE custom setting. However, the cash entry and cash matching process cannot be completed if no bank account is specified.

When setting up bank accounts to receive payments from Asperato, we recommend using the following configurations for single-company and multi-company orgs:

Company Bank Accounts

 

Multi-Company Orgs

 

Single-Company Orgs

 

Customer account trades with multiple companies

Customer accounts are company-specific

Single receivables bank account per company

Specify the bank account on the company to receive Asperato payments.

Do not enter a value in the Receivables Bank Account field on the payment integration method for the account.
Multiple receivables bank accounts per company Specify the applicable receivables bank account on each sales invoice or billing document. If the receivables bank accounts are customer account-specific, assign a default receivables bank account on the account’s payment integration method. Otherwise, specify the applicable receivables bank account on each sales invoice or billing document.