(CAN) Create and validate bank account information [AX 2012]

Updated: November 19, 2010

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

When you set up a bank account and bank group to submit payments to vendors or receive payments from customers, the bank account information is validated against specific validation criteria mandated by the Canadian banking system. In the Application user Help form, on the Address tab, select CAN in the Country/region field so that the validation can be performed. The bank account number, routing number type, and routing number are validated. Use the following procedures to set up bank accounts and bank groups to validate your bank account information.

Use the Bank groups form to set up and validate a bank account.

  1. Click Cash and bank management > Setup > Bank groups.

  2. Press CTRL+N to create a bank group.

  3. In the Routing number field, enter the bank’s unique registration number. This nine-character string is used with the account number to identify a specific bank account.

    The Canadian Payments Association, which regulates the routing number format, allows the following formats: XXXXX-YYY (for regular transactions) and 0YYYXXXXX (for electronic fund transfers), where YYY is the institution number and XXXXX is the bank branch.

  4. Click the General FastTab.

  5. In the Routing number type field, enter cc as the routing number type for the account.

  6. Close the form to save your changes.

Use the Bank accounts form, the Vendor bank accounts form, and the Customer bank accounts form to set up and validate bank accounts in compliance with Canadian bank regulations.

  1. Click Cash and bank management > Common > Bank accounts.

    –or–

    Click Accounts receivable > Common > Customers > All customers. Click Set up > Bank accounts to open the Customer bank accounts form.

    –or–

    Click Accounts payable > Common > Vendors > All vendors. Click Setup > Bank accounts to open the Vendor bank accounts form.

  2. Click Bank account.

  3. Click the General tab.

  4. In the Routing number type field, enter cc as the routing number type.

  5. In the Routing number field, enter the bank’s unique registration number. This nine-character string is used with the account number to identify a specific bank account.

    The Canadian Payments Association, which regulates the routing number format, allows the following formats: XXXXX-YYY (for regular transactions) and 0YYYXXXXX (for electronic fund transfers), where YYY is the institution number and XXXXX is the bank branch.

  6. In the Bank account number field, enter the unique bank account number, which is a numeric string containing up to 12 digits.

  7. Close the form to save your changes.


Announcements: To see known issues and recent fixes, use Issue search in Microsoft Dynamics Lifecycle Services (LCS).

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