Bank Reconciliations

Richard Musto
Richard Musto
Third Anniversary Name Dropper Facilitator 1
in Blackbaud Financial Edge NXT® General Discussions

Hi All!, We are new to FE and are trying to understand a few things. We have both restricted and non-restricted GL accounts that would tie to one bank account. Trying to see if I can tie both the restricted and unrestricted GL accounts to one bank account? And if so, can someone show me how to do this. Thank you

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  • Mark Eisinger
    Mark Eisinger
    Tenth Anniversary Kudos 1 Name Dropper Participant

    @Richard Musto Hello, yes, the Bank Account would need to track the cash account in “Multiple Funds”. Here is a Knowledgebase article that refers to Database View, but there is similar Bank Account Settings in Webview Bank Account Records as well.


  • Richard Musto
    Richard Musto
    Third Anniversary Name Dropper Facilitator 1

    @Mark Eisinger
    Thanks Mark. I saw this and I thought that I would be able to list both account in the cell. Is that not the case? I have not gotten to the reconciliation point, but I am not sure how the process will pull transactions from both GL accounts?

  • Mark Eisinger
    Mark Eisinger
    Tenth Anniversary Kudos 1 Name Dropper Participant

    @Richard Musto Only one of the Account Numbers need to be listed. The Multiple Funds will capture all Funds with that Account Code. And the system will capture the total balance of the Cash Accounts in all Funds. It is very seamless!

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