Overview tab

Create new bank accounts, and view the list of all bank accounts.

General tab

For the selected bank account, enter or view additional identifying information.

Setup tab

For the selected bank account, enter more information, such as validation, fees, and payment management.

Negotiable instrument

For the selected bank account, set up fee amounts and ledger accounts for negotiable instruments. This tab is used by companies that use bills of exchange or promissory notes.

Address tab

For the selected bank account, create and manage address information.

Contact info tab

For the selected bank account, create and manage contact information.

Transactions

View the transactions of the bank account that is selected on the Overviewtab.

Balance

View the balance of the selected account.

Balance control

View the ledger accounts of the selected account for balance control.

Checks

View and manage the checks that have already been created on the selected account.

Bill of exchange

View and manage the bills of exchange that are issued on the selected account.

Promissory notes

View and manage the promissory notes that are issued on the selected account.

Setup

Set up the layout of financial instruments and other information for the selected account.

Functions

Perform functions that are related to the bank account, such as account reconciliation and check, bill of exchange, and promissory note creation.

Inquiry

Make inquiries related to the bank account, such as inquiries about remittances, deposit slips, statistics, and remittance files.

Bank account

The unique ID that you use to identify the bank account on printed reports and throughout the program. It is an alphanumeric string of up to 10 characters.

Name

The unique name that you use to identify the bank account on printed reports and throughout the program.

Bank groups

The bank group that applies to and further identifies the bank account.

Routing number

The unique bank registration number that you use to identify the bank. It is an alphanumeric string of up to 10 characters and special characters that is used together with the Bank account numberto identify a particular bank account.

Bank account number

The bank account number specified by your bank. It is an alphanumeric string of up to 34 characters and special characters.

Ledger account

The ledger account to which all bank account transactions are automatically posted.

Corrections, which are entered during the reconciliation of the bank account with the bank account statement, are posted to the ledger account when the statement reconciliation is complete and posted. For more information, see Reconcile a bank account.

Currency

The currency code for the current account. If the More currenciesfield is selected, this currency code is used for reconciliation purposes.

Note
Set up currency codes in the Exchange rates form.

CIN

The Control Internal Number that is required for national vendor payments.

Note
(ITA) This field is available only if the configuration key for Italy is selected.

Routing number type

The type of routing number that is used for the bank account. This information is important and even mandatory if the company makes international payments.

For more information, see Routing numbers and routing number types.

SWIFT code

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) code, also known as the Bank Identifier Code (BIC).

IBAN

The International Bank Account Number (IBAN). This field contains a maximum of 34 alphanumeric characters.

Company ID

The bank or postal giro identification of the company.

Company statement name

Enter the company name as you want it to appear on your bank statement.

Note
(CAN, USA) This field is available only if the configuration key for Canada or the United States is selected.

Destination name

The name of the ACH or receiving point of an EFT transaction.

Note
(USA) This field is available only if the configuration key for the United States is selected.

More currencies

Select if transactions in more than one currency can be posted to the bank account. Deposit slips will be generated in the bank account currency and also in the transaction currency.

Discounting maximum

The maximum remittance for discount amount that is granted for the current bank. The amount is displayed in the Bank remittance form. To open this form, click Accounts receivable> Journals> Payment management> Remittance, select the remittance, and then click Inquiries.

Days

The time limit, in days, for a return message from the bank about payments. The value will determine the date in the Deadlinefield in the Open transaction editingform.

Suffix

Suffix of the bank.

Drawer

Code of drawer. The code is given by the bank.

Keep

Select this check box to keep the bank account number of the payment transaction if the transaction is removed from a remittance batch.

Validate bank account

The validation method to be performed on the account number. For example, select Mexicanto validate the Mexican bank account type.

The default value is copied from the Bank groups form, but you can change this value.

Sort code

Enter the code stated by the Banks Automated Clearing System (BACS).

Note
This code is used for electronic bank payments for BACS. The sorting code identifies the client at BACS.

Post account

Enter the post, telegraph, and telephone (PTT) account number; it is used when transferring money to a PTT bank account.

ESR

ESR account number.

Fee ESR account number

ESR account number.

BESR ID number

ESR contract number.

Fee account

The ledger account for deposit fees.

Note
(CHE) This field is available only if the configuration key for Switzerland is selected.

Post fee

Select this check box if a deposit fee is to be posted.

Note
(CHE) This field is available only if the configuration key for Switzerland is selected.

Debit Direct ID

Customer number of the company for debit direct.

Clearing

Control code of bank.

Interbank clearing code

(BEL) Select the interbank clearing code of the selected bank account. This field is available only if the configuration key for Belgium is selected.

Giro

(FIN) Select this check box if you want information about the selected bank account to appear on the giro money transfer slip that is printed on sales invoices and project invoices. This option is available only if the Validate bank accountfield on the Setuptab is set to Finnish.

This field is available only if the Giroconfiguration key and the configuration key for Finland is selected.

Bank bar code

(FIN) Select this check box to print bar codes on giro money transfer slips that are created by using the bank account number that also has this field selected.

This field is available only if the Giroconfiguration key and the configuration key for Finland is selected.

Fee journal

Select a journal for the remittance fees that are generated for bills of exchange or promissory notes. The fees are posted according to the value that is selected (for the journal that you select here) in the Fees postingfield in the Journal names form.

Collection expenses fee

Enter the fee that is paid to the bank account each time that it collects a remittance that is related to a bill of exchange.

Discount interests fee

Enter the fee that is paid to the bank account each time that it adds discount interest to bills of exchange that are represented in a remittance file.

Invoice remit fee

Enter the fee that is paid to the bank account each time that it adds discount interest to promissory notes that are represented in an invoice remittance file.

Collection account

Select the ledger account to use for collection expense fees for bills of exchange.

Discount account

Select the ledger account to use for discount interest fees for bills of exchange.

Invoice remit account

Select the ledger account to use for invoice remittance fees for promissory notes.

Street name

The street name of the bank.

ZIP/postal Code

The ZIP/postal Code of the address. This field is frequently used for searches and sorting.

City

The city within the ZIP/postal Code.

County

The county of the address. This field is frequently used for searches and sorting.

State

The state of the address.

Country/region

The country/region of the address.

Address

View the address information in the other address fields, formatted according to the rules set up in the Address formatform for each country/region.

Name of person

The contact person in the bank who handles this account.

Telephone

The main telephone number of the bank. The telephone number may be an alphanumeric string of up to 20 characters and special characters.

Extension

Enter the direct dial number, if any, for your contact person at the bank.

Mobile phone

Mobile telephone number of the bank.

Pager

Pager number of the bank.

Fax

The fax number of the bank. The fax number may be an alphanumeric string of up to 20 characters.

E-mail

Enter the e-mail address for correspondence with the bank regarding this account.

SMS

E-mail address for sending telephone mails (SMS mails) to a mobile telephone.

Internet address

The uniform address locator (URL) for the Internet home page that is associated with this bank account.

You can specify a Web address of up to 80 characters.

Telex number

Enter the Telex number for the bank. The Telex number can be an alphanumeric string of up to 20 characters.