Posting multiple applications as one sum entry

When a customer payment applies to multiple invoices, Continia Banking normally posts one ledger entry per application, even if the applications relate to the same customer or vendor account. This behavior results in multiple posted entries for a single statement line.

With the sum posting feature, you can change this behavior so that multiple applications for the same account, on the same statement line, post as one ledger entry. Sum posting lets you post statement lines one-to-one, simplifies customer statements, and reduces the number of ledger entries created.

You can enable sum posting for bank account reconciliations and payment reconciliations.

To enable sum posting:

1. Search () for Banking Import Setup, and select the related link.
2. On the Bank Account Reconciliation FastTab, enable Post Multiple Applications as one sum Entry.
3. On the Payment Reconciliation FastTab, enable Post Multiple Applications as one sum Entry.