Can I reformat the transmission amount?

Yes, by using the Format Amount field setting. If you set this field to Yes, lockbox rounds the format amount to the same degree of precision and the same number of decimal places as your ledger currency.

For example, if your ledger currency is USD (precision = 2) and you set this option to Yes, a value of 50000 in the bank data file is formatted as 500.00. If you set the option to No, then this value isn't formatted and would appear as 50000.