Set up banking

Path: Business functionality > Set up Business Central > Set up banking · tier official · system none · narrative reviewed (checked by Opus)

Overview

This section covers how to prepare Business Central for banking work. It starts with bank accounts, which track banking transactions, support local and foreign currencies, and enable payment and bank reconciliation, plus import and export of bank files.

Other pages cover electronic services. Yodlee bank feeds import statements automatically into the Payment Reconciliation Journal. The AMC Banking 365 Fundamentals extension converts bank data into formats required by many banks. A general page explains how payment formats are provided through partner apps and marketplace solutions, with built-in options in some countries or regions. A separate page covers check layouts and MICR fonts.

Start with “Set Up Banking” and “Set up bank accounts” for the basics. Then pick the page for your method: Yodlee for online feeds, AMC for format conversion, or the check layout page for printed checks.

Key points

• Bank accounts track transactions, support local and foreign currencies, and enable payment reconciliation and bank reconciliation.
• Bank accounts support bank file import and export, direct debit, and SEPA credit transfer.
• Payment formats come mainly from partner apps and marketplace solutions, with built-in options in select countries or regions.
• Envestnet Yodlee bank feeds import statements automatically into the Payment Reconciliation Journal, with a two-hour import frequency, in supported regions.
• Yodlee setup includes linking online bank accounts, creating bank accounts, and managing credentials.
• AMC Banking 365 Fundamentals converts bank data for over 600 banks worldwide, exports payment journal data, and imports bank statements, with SWIFT and IBAN support.
• Check layout setup lets you choose predefined North American check formats and stub configurations, and set MICR E-13B, MICR CMC-7, and security fonts.

Learn pages

• How to use banking and payment formats in Business Central: Learn how to find and use banking and payment formats that suit your needs and comply with your country and bank requirements in Business Central.
• Set up bank accounts: Learn how bank accounts are used in Business Central, and how you can reconcile amounts with your bank.
• Set Up Banking: You use bank account cards to keep track of your bank accounts and set up bank feeds, such as Yodlee, to exchange data.
• Set Up Yodlee Bank Feeds: You can convert payment information to any data format that your bank requires and enable the export or import of bank files.
• Specify the Layout of a Check: You can design and print your checks in different formats to conform with standards set by your local authorities.
• Using the AMC banking 365 fundamentals extension: Learn how to easily exchange data with your banks by transforming data into the format that they require.

Business Central pages and reports

The pages, reports and queries this hub’s Learn pages name (ms.search.form, API reference), joined to the code by exact object id (data/index/docs-objects.json); a page shows the table it runs on.

• Page 370 “Bank Account Card” · on Table 270 “Bank Account”
• Page 371 “Bank Account List” · captioned “Bank Accounts” · on Table 270 “Bank Account”
• Page 372 “Bank Account Ledger Entries” · on Table 271 “Bank Account Ledger Entry”
• Page 373 “Bank Account Posting Groups” · on Table 277 “Bank Account Posting Group”
• Page 374 “Check Ledger Entries” · on Table 272 “Check Ledger Entry”
• Page 375 “Bank Account Statistics” · on Table 270 “Bank Account”
• Page 404 “Check Preview” · on Table 81 “Gen. Journal Line”
• Page 423 “Customer Bank Account Card” · on Table 287 “Customer Bank Account”
• Page 424 “Customer Bank Account List” · on Table 287 “Customer Bank Account”
• Page 425 “Vendor Bank Account Card” · on Table 288 “Vendor Bank Account”
• Page 426 “Vendor Bank Account List” · on Table 288 “Vendor Bank Account”
• Page 1200 “Bank Export/Import Setup” · on Table 1200 “Bank Export/Import Setup”
• Page 1240 “SWIFT Codes” · on Table 1210 “SWIFT Code”
• Page 1280 “Bank Clearing Standards” · on Table 1280 “Bank Clearing Standard”
• Page 1290 “Payment Reconciliation Journal” · on Table 274 “Bank Acc. Reconciliation Line”
• Page 20100 “AMC Bank Bank Name List” · captioned “AMC Banking Bank Name List” · on Table 20100 “AMC Bank Banks”
• Page 20101 “AMC Banking Setup” · on Table 20101 “AMC Banking Setup”
• Page 20102 “AMC Bank Pmt. Types” · captioned “AMC Banking Payment Types” · on Table 20102 “AMC Bank Pmt. Type”
• Page 20105 “AMC Bank Assisted Setup” · captioned “AMC Banking 365 Fundamentals Assisted Setup” · on Table 20101 “AMC Banking Setup”
• Page 20106 “AMC Bank Assist Bank Account” · on Table 777 “Online Bank Acc. Link”
• Page 20107 “AMC Bank Webcall Log” · captioned “AMC Banking 365 Webservice Log” · on Table 710 “Activity Log”
• Page 20109 “AMC Bank Signup to Service” · captioned “AMC Banking Signup webservice” · on Table 79 “Company Information”
• Page 20353 “Banking Apps” · on Table 20350 “Connectivity App”

Source: Microsoft Learn (CC BY 4.0). Descriptions are Learn’s own.