Flexible Bank Offset Option

If your institution is using the flexible banking offset the CMD creates a pending ledger entry that corresponds to the deposit detail amount using the specified bank offset account number and object code. This offset is a debit if the deposit detail amount is positive or a credit if the deposit detail is negative. Additionally, a second offsetting pending ledger entry is also added which has the opposite debit/credit indicator (it is a debit if the bank offset itself is a credit for example). This second entry uses the regular cash object code.

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Opening Cash Drawer