Transaction Bank Details

Every Transaction Bank Details record contains several fields. The content of some of these fields is printed on invoices, credit memos or sales orders if you are using the PDF/HTML templates provided by the Advanced Localization Features SuiteApp. The purpose of other fields is to provide additional configuration such as assigning the Transaction Bank Details record to a certain subsidiary only.

Transaction Bank Details records can be assigned at subsidiary and customer level, and also to individual transactions. For more information, see New Fields on Subsidiary and Customer Records

To assign Transaction Bank Detail records to individual transactions:

Go to an Invoice, Credit Memo or Sales Order page.
Select the Invoice Configuration subtab.
Select a record from the Transaction Bank Details.
Click Save.

For more information, see Creating an Invoice, Customer Credit Memos and Creating a Sales Order.

The default Transaction Bank Details record is always inherited from a higher instance. This means that if you assign a certain Transaction Bank Details record to a subsidiary, it will be automatically used for all newly-created customers of this subsidiary and their transactions. If you want some customer or transaction to use different bank details, you must go to that customer or transaction record and change them manually.

Similarly, if you assign a Transaction Bank Details record to a customer, the record can be automatically used on all newly-entered invoices, credit memos and sales orders for this customer. If no Transaction Bank Details record is assigned to the customer, then the value will be retrieved in the following order:

The value is retrieved from the matching transaction bank details record with same subsidiary and currency as mentioned in the transaction.
If more than one bank details or duplicate records are found, then the value is retrieved from subsidiary record.
If no value is found, then the value is retrieved from subsidiary record.

However, for conditions 2 and 3 you can override the derivation at the transaction level.

To create a new Transaction Bank Details record, go to Setup > Accounting > Customize Document Template, select the Bank Details subtab, and click the New Bank Details button. The Bank Details subtab also displays all already existing Transaction Bank Details records. You can view or edit them. Use the respective links.

Alternatively, you can access these records without using the Customize Document Template page. In that case, go to Lists > Accounting > Transaction Bank Details.

The Transaction Bank Details record contains the following fields:

Field	Description
Name	Enter a name for this Transaction Bank Details record to easily identify the bank details to be selected for subsidiaries, customers, or transactions. Examples: UK Subsidiary GBP account UK Subsidiary EUR account
Subsidiary	Use this field to select the subsidiary that these bank details will be available for.
Transaction Currency	Use this field to select the transaction currency that these bank details will be available for.
Bank Details to Print	Enter the text that will be printed on transactions assigned to this Transaction Bank Details record. Note that it will not be translated. Example: Please remit payment to: IBAN ING12NL12345678 BIC INGBOXX Note that in the Method of Payment dropdown list on the transaction record (in the Invoice Configuration subtab), the following option for Print on invoice, credit memo or sales order must be selected: Bank Details. Otherwise, this text will not be printed. For more information, see Method of Payment.
Direct Debit Details to Print	Enter the text that will be printed on transactions assigned to this Transaction Bank Details record. Note that it will not be translated. Example: Payment will be taken automatically from your account 14 days after this invoice. Note that in the Method of Payment dropdown list on the transaction record (in the Invoice Configuration subtab), the following option for Print on invoice, credit memo or sales order must be selected: Direct Debit. Otherwise, this text will not be printed. For more information, see Method of Payment.
IBAN	Enter the International Bank Account Number for this Transaction Bank Details record. The content of this field can be used if more detailed and structured information is required (like in electronic invoicing). Text is not printed in an invoice, credit memo or sales order.
BIC	Enter the Bank Identifier Code for this Transaction Bank Details record. The content of this field can be used if more detailed and structured information is required (like in electronic invoicing). Text is not printed in an invoice, credit memo or sales order.
Local Bank Account	Enter the local bank account for this Transaction Bank Details record. The content of this field can be used if more detailed and structured information is required (like in electronic invoicing). Text is not printed in an invoice, credit memo or sales order.
Local Branch Code	Enter the local branch code for this Transaction Bank Details record. The content of this field can be used if more detailed and structured information is required (like in electronic invoicing). Text is not printed in an invoice, credit memo or sales order.

Field

Description

Name

Enter a name for this Transaction Bank Details record to easily identify the bank details to be selected for subsidiaries, customers, or transactions.

Examples:

UK Subsidiary GBP account

UK Subsidiary EUR account

Subsidiary

Use this field to select the subsidiary that these bank details will be available for.

Transaction Currency

Use this field to select the transaction currency that these bank details will be available for.

Bank Details to Print

Enter the text that will be printed on transactions assigned to this Transaction Bank Details record. Note that it will not be translated.

Example:

Please remit payment to:

IBAN ING12NL12345678

BIC INGBOXX

Note that in the Method of Payment dropdown list on the transaction record (in the Invoice Configuration subtab), the following option for Print on invoice, credit memo or sales order must be selected: Bank Details. Otherwise, this text will not be printed.

For more information, see Method of Payment.

Direct Debit Details to Print

Enter the text that will be printed on transactions assigned to this Transaction Bank Details record. Note that it will not be translated.

Example:

Payment will be taken automatically from your account 14 days after this invoice.

Note that in the Method of Payment dropdown list on the transaction record (in the Invoice Configuration subtab), the following option for Print on invoice, credit memo or sales order must be selected: Direct Debit. Otherwise, this text will not be printed.

For more information, see Method of Payment.

IBAN

Enter the International Bank Account Number for this Transaction Bank Details record. The content of this field can be used if more detailed and structured information is required (like in electronic invoicing).

Text is not printed in an invoice, credit memo or sales order.

BIC

Enter the Bank Identifier Code for this Transaction Bank Details record. The content of this field can be used if more detailed and structured information is required (like in electronic invoicing).

Text is not printed in an invoice, credit memo or sales order.

Local Bank Account

Enter the local bank account for this Transaction Bank Details record. The content of this field can be used if more detailed and structured information is required (like in electronic invoicing).

Text is not printed in an invoice, credit memo or sales order.

Local Branch Code

Enter the local branch code for this Transaction Bank Details record. The content of this field can be used if more detailed and structured information is required (like in electronic invoicing).

Text is not printed in an invoice, credit memo or sales order.

To assign Transaction Bank Detail records to individual transactions:

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