Bank Accounts
- Vince Luong
Use the Bank Account Maintenance screen to create and edit Bank Accounts.
Pre-Requisites
Create Bank Accounts
Master > Miscellaneous > Bank Accounts
Click Add.
Select a Company Code option under the Bank Account Detail tab
Specify a Bank Account Code value. For example: WF 01
Specify a Short Name value. For example: US BANK Check
Select a Vendor option.
Note: The Vendor must have a Vendor Type of BANK assigned to them to appear in this drop-down listing.
Specify an Account Number value. For example: 012365742
Specify a Bank Name value. For example: US Bank
Select a Bank Currency option.
Select a Check Format option.
Refer to the Check Format article for further information.
11. Specify a City value. For example: San Diego
Select a State option.
Specify a Zip Code value. For example: 91911
Specify a Last Check No. value. For example: 100
Specify a Route No. value. For example: 32282603
Optional: Specify Corporate Bank information.
Select a Balance G/L account value. This will be the G/L account the Cash activity is posted to.
17. Select an On Account Pymt account option. This will be the G/L account that is used when funds are placed On Account within the Cash Application process. A credit to the Un-Applied Pymt account, a debit to the On Account Pymt account.
Select an Un-Applied Pymt account option. This will be the G/L account that is used when creating a Bank Deposit. A credit to the Balance account, a debit to the Un-Applied Pymt account.
Click the Positive Pay tab.
Select a Positive Pay Format option.
If you are not using Positive Pay, select any option.
Click Save.
