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MEM Bank Account Vendor Posting Groups

Use this page to assign multiple vendor posting groups to a bank account. When you assign vendor posting groups to a bank account, and when a purchase order, invoice, or suggested vendor payment is created, Business Central looks for a bank account assigned to that vendor posting group and populates the bank account field with that account.

If you have not assigned a bank account to that posting group, the account that you set up in your MEM Entity Setup is used.

Assign Bank Account to Vendor

Before you assign a bank account make sure that you have turned on decentralized processing in your MEM setup. See Purchase & Payables and Sales & Receivables.

To assign a bank account to a vendor posting group, do the following:

  1. Select Search and enter Bank Accounts. Select the Bank Accounts page.

  2. Select Related > Bank Acc. > MEM Bank Account Vendor Posting Group

  3. Select New to add a new vendor posting group to the bank account.

  4. After you have added the posting groups you want, close the window.

The vendor posting groups you selected are now linked to the bank account and payments to them are sent from the bank account.

Fields

The following field boxes are available: 

Field Description
Vendor Posting Group No. Select the code for the vendor posting group you want to assign to the bank account.
Vendor Posting Group Name Displays the vendor posting group name.

Actions

The following actions are available: 

Action Description
New Add a new vendor posting group to the list.
Delete Delete a vendor posting group from the list.

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