Bank Communication

Continia Payment Management supports both manual and direct communication between banking systems and Business Central. With direct bank communication, you simplify the process of communicating data between Business Central and your bank. Instead of manually having to import and export bank files, the Payment Management Direct Communication service uses web services for the automatic exchange of bank data.

Whether direct communication is supported depends on your bank. In the section Bank integration, navigate to your bank to see if it supports direct communication.

Continia uses external service components for the bank integration to manage the exchange of data between the bank and Business Central, ensuring that all data meets the requirements of the banks. For more information, see Understanding the CBIC and CBCC components.

Direct communication

Direct communication, sometimes referred to as web service or SFTP, is the preferred communication form as all communication between the bank and Business Central is fully automatic.

For information on how to set up direct communication, see the Setting up direct communication.

The following example illustrates how using direct communication for communicating data between Business Central and the bank can proceed when sending payments to the bank:

  1. The payment suggestions are created and prepared in the Payment Journal and sent to the bank.
  2. The payments are received in the bank.
  3. A payment status with information whether the payment is sent, received, paid, or rejected in the bank is automatically imported to the Payment Journal.
  4. You correct any errors on the payment lines and then repeat steps 1 and 2.

The process is likewise automatic when importing payment-, status- or statement files from the bank and into Business Central using direct communication.

Manual communication

Manual communication is the traditional way of exchanging banking files between Business Central and your bank. Using manual import and export, all files must be saved on your desktop before they can be imported to the bank or Business Central.

The following example illustrates how manual communication for communicating data between Business Central and the bank can proceed when sending payments to the bank:

  1. The payment suggestions are created and prepared in the Payment Journal and exported to the bank.
  2. The payment file is saved locally on the desktop.
  3. The user logs in to the online bank.
  4. The payment file is manually imported from the local desktop into the online banking system.
  5. The user must manually follow up in the bank and verify that the payments have been processed as expected.
  6. You correct any payment errors manually on the payment lines in Business Central, and then repeat steps 1 through 5.

See also

Setting up direct communication