Setting Up Bank Accounts

You use bank accounts in the program to keep track of your banking transactions. Accounts can be denominated in your local currency or in a foreign currency. After you have set up bank accounts, you can also use the check printing option.

To Set Up Bank Accounts:

  1. Open the Bank Account Card window.

  2. You must fill in the No. and Bank Acc. Posting Group fields. For Help about a specific field, click the field and press F1.

When you set up a new bank account, if you have integrated the Bank Account table with the Contact table, the program automatically creates a new contact in the Relationship Management application area.

Related Topics

Posting Transfers between Bank Accounts in the Same Currency

Posting Transfers between Bank Accounts with Different Currency Codes

Posting Transfers between Bank Accounts with Currency Codes

Reconciling Bank Accounts

Assigning Posting Groups to Bank Accounts

Setting Up Bank Account Posting Groups

Viewing Bank Account Ledger Entries