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Impound

Impound Error: Withdrawal bank account is invalid

Scenario

You may get the following error message when when using Impounding if the client has more than 1 active bank account.
Error message
When paying liabilities within Manage Impound Payments. Unable to create a check for client [ClientID – Client Name] and vendor [VendorName] because the withdrawal bank account is invalid
When processing a file within the funding window of Process Direct Deposit. Unable to process funding for [ClientName] and vendor [VendorName] because the withdrawal bank account is invalid

Solution

Because there's more than 1 bank account, you’ll need to select a bank account for each vendor.
  1. Go to
    Setup
     then select
    Vendors
    .
  2. Choose a bank account in the
    Payment Preferences
     of the
    Main
     tab.

This article applies to:

  • Product: Accounting CS
  • Subject: Bank reconciliation
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