I have always been able to import bank receipts directly into our Receipts Control account then journal it out of this and into the bank account using the import feature on Sage. Since March I can still do the journals, payments on account etc but it won't let me import the receipts, it comes up with the error "Bank account type is not valid for the transaction type".
I use Sage 50 with multiple companies and I can still import the receipts into the other company onto the bank account so it must be because it's a control account but I don't know how to rectify it, especially as it always used to work!
Hi Donna It's code 1220 and is listed with the other banks. It used to work in Sage Instant Accounts but doesn't want to work with Sage 50 for some reason.
The problem I believe would suggest that you are trying to import a Bank Receipt (BR) transaction into a bank account that is not set up as a Cheque Account within Sage 50 Accounts. As there are three types of bank account within Sage 50 Accounts, there are three different types of transactions to post according to the bank account type.
To check the account type: 1) Within Sage 50 Accounts, open the Bank module. 2) Within the Bank module, double click on the bank account to open the record. 3) Within the Bank record, the account type is displayed on the left-hand side of the Account Details tab.
The transaction types are as follows: Account Type Transactions Cheque Account BR Bank Receipt BP Bank Payment Cash Account CR Cash Receipt CP Cash Payment Credit Card Account VR Visa Receipt VP Visa Payment
All other transaction types affecting the bank (e.g. Sales Receipts, Purchase Payments etc) are not affected by the type of account.
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Donna Curling - Complete Book-Keeping Ltd (CBKLtd) - 07939 101900
