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Dynamics Banking is available for Microsoft Dynamics 365 Finance and Microsoft Dynamics AX 2012.
Streamlines banking process
Avoid entry errors
Automatic settlement of open invoice
Automatic assignment to ledger accounts
Importing & Settling
Usually, banks give customers an electronic copy of their statements. It is quicker to import these statements, which include payment information that can be used to settle open invoices. Major Dutch banks' standard MT940 import classes and European banks' standard CAMT053 import classes are both supported. Other banks can readily be added to Dynamics Banking if necessary. Both the structured and non-structured MT940 formats are supported.