Bank Account: General Area

Field

Used for

Name

Provide the name for the bank account.

It is a required field. If you do not provide a name for the bank account, you will not be able to save the entry.

Currency

Select a currency of account.

• It is a required field. If a currency is not selected, you will not be able to save the document.

Bank

Chose the bank where account belongs to.

• It is a required field. If a bank is not selected, you will not be able to save the document.

Number

Provide the number for the bank account.

The number in this field is the internal bank account number in the bank that it belongs to.

IBAN code

Provide the International Bank Account Number, name and numbering series of the bank account of the company.

Field/option

Used for

Bank account of other company option

Turn this option on to create a bank account that belongs to one of your business partners.

This kind of account is needed when you create accounting documents that involve payment information.

Bank account of employee option

Turn this option on to create a bank account that belongs to one of employees.

Bookkeeping account

An associated bookkeeping account where bank account transactions are recorded. Note that you do not have to create or assign a bookkeeping account to bank accounts belonging to other companies or employees.

Field/option

Used for

Number

Document number is assigned automatically when you save the bank account document based on the selected numerator.

Users with the appropriate permissions can override the auto-generated number and enter it manually.

After overriding the bank account document number, automated numbering will proceed in the same manner but using the manually set number as a start value.

Note

Add any extra details or comments about your bank account document.

Inactive option

Turn off the Inactive option if you want to activate the bank account to be able to select it from the lists for the Bank account field in various documents and records. Turn this option on, if you want to deactivate a previously active bank account. Or, while creating a new bank account, keep this option turned on to make it inactive.

Inactive bank accounts will not be available for selection or use and will be accessible only on the listing page of the Bank account directory.