Allow automatic interfund journal entries using more than one intercompany G/L account within a fund

Currently if a fund (Fund 1) transacts with multiple other fund, NXT is not capable of creating automatic interfund journal entries to multiple fund 1 G/L accounts. Example: if Fund 1 has 2 intercompany G/L accounts on its ledger, one for transactions with fund 2 and one for transactions with fund 3 the system can only create automatic journal entries to one of those accounts. The functionality works fine in the subledgers but not in the G/L for journal entries. This creates inefficiencies in both data input and account reconciliations as well as a greater risk of errors. This functionality exists in the subledgers as well as other systems I have used. I hope it can be added in the near future.

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  • Feb 12 2024
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