jmays
New Member - Level 1
- Mute
- Subscribe
- Bookmark
- Report Inappropriate Content
Jul 27, 202106:53 AM
Jul 27, 202106:53 AM
Bank Reconciliation with Concur Invoice
Our Company is new to Concur Invoice and we are using Concur Payments. The cash leaves our checking account a few days before the payment extract marks the invoices as paid in our ERP. We reconcile cash daily. How do you handle that? Do you use a prepaid Concur account to record the cash coming out of the bank account until the payment extract comes through with the payment information?
Labels
- Labels:
- Best Practices
MTController
New Member - Level 1
- Mute
- Subscribe
- Bookmark
- Report Inappropriate Content
Aug 31, 202108:47 AM
Aug 31, 202108:47 AM
We had to set up a new GL account to record Concur checks, Dr Cash Cr Concur GL. Same GL is credited when importing Concur invoices (expense); Cr expense Dr Concur GL.