Re: IHC - Incoming Bank Statement

Thanks Taro,

I really appreciate your help.

From your response, I understand that we do not need to send bank statement back to IHC FI in case of 'Central Incoming Payment scenario', am I correct? If so, what would be journal entry that gets posted when the IHC FI uploads the bank statement from external bank..

And few more questions, hope i am not troubling you.

1. Is there any way IHC is integrated to Cash Management?

2. How are opening balances loaded in IHC?

3. In a global environment, where a company have business all over the world (all time zones), how is the posting cut off handled?

Thanks and Regards,

Chandra