Subtitle: Using Dynamics and eBanking to Automate Banking Processes

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Utilizing Electronic Banking to Simplify Banking
Procedures
Subtitle Using Dynamics and eBanking to Automate
Banking Processes
Presenters David Somas / Thomas Moore
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Agenda

• EFT for Receivables Management
• Demo
• Lockbox Processing
• Safe Pay
• Demo
• Q and A

• Overview of the eBanking Suite
• The technology and practices
• Electronic Bank Reconciliation
• Demo
• EFT for Payable Management
• Demo

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The Dynamics eBanking Suite

• Bank Management (Europe)
• Bank Reconciliation
• EFT for Payables
• EFT for Receivables
• Lockbox Processing
• Safe Pay

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Benefits of Using eBanking

• Manage financials more effectively
• Reduce administrative expenses
• Improve productivity. Streamline
• Increase your financial security
• Access decision-driving information

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Electronic Bank Reconciliation

• Automates the Integration between Dynamics and
  The Bank
• Can be customized to suit most downloaded bank
  text files (Configurator)
• Matches bank transactions from a file to what has
  occurred in the Accounting system

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Bank Download Control

• Complete file download history and control
• 1, 2 or More Chequebooks can be grouped for
  download

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Simplified Reconciliation Process

• Configure Banking Information
• Download from bank
• Reconcile as you would normally

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Demo
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EFT Chequebook Setup Overview

• Centralized banking configuration for Payables
  and Receivables

• Change from previous versions

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EFT for Payables

• Easy Setup of EFT for Payables
• Supply location(s) of files to be used
• Supply file definition as defined by banking
  requirements

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Vendor Card Information

• Supply Vendor EFT Banking Information
• Activate or Inactivate Vendors for EFT

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Vendor eMail Setup

• Additional Diamond Functionality
• Remittances sent via eMail
• Can be used
• in conjunction with paper based remittances
• In place of paper based forms

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Conditions for Using EFT

• Complete EFT information on Vendor Record
• Prenote Generated (Optional in Canada, mandatory
  in US)
• EFT Vendor Record is Active
• Termination Date on EFT Vendor Record not Passed
• Chequebook has been Setup
• EFT for Payables Management Module Registered

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Using EFT for Payables

• Manual EFT Payment
• EFT Only Cheque Batch
• Normal mixed Cheque Batch

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Demo
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EFT for Receivables

• Easy Setup of EFT for Receivables
• Supply locations(s) of files to be used
• Supply and optional header record for the file if
  you bank mandates its use

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Customer Card Information

• Supply Customer EFT Banking Information
• Activate or Inactivate Customer Accounts

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Conditions for Using EFT

• Complete EFT information on Customer Record
• Prenote Generation (Optional in Canada, mandatory
  in the US)
• EFT Customer is Active
• Termination Date on EFT Customer Record not
  Passed
• Chequebook has been Setup
• EFT for Receivables Management Module Registered
• Currency IDs for all Elements are the same
• Chequebook IDs are in Agreement

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Using EFT for Receivables

• Mark EFT Transactions
• Process All EFT Batch
• Submit file to the bank

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Demo
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Lockbox Processing

• Auto Import Cash Receipts
• Easy Use
• Setup
• File Import
• Auto Apply
• Batch Posting
• Custom Apply Methods

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Lockbox Setup

• Setup Lockbox information
• Includes format for file
• Displays data from file as you enter format

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Demo
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Safe Pay

• Decrease Fraud
• Increase Security
• Safeguard Cheque Processing
• Confirm Cheque and Void Authenticity

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The Safe Pay Configurator

• Setup the Upload file format
• The bank will supply the basis for the format

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Using Safe Pay

• Set dates accordingly
• Review transaction list
• Upload data
• Transmit file to bank

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Demo
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Questions?
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Contact Us

• David Somas
• David.somas_at_diamondmunicipal.com
• Thomas Moore
• Thomas.moore_at_diamondmunicipal.com

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Thank You
David Somas David.Somas_at_diamondmunicipal.com Thom
as Moore Thomas.Moore_at_diamondmunicipal.com