Create a new bank record

How to create a new bank account record then enter your details.

Create the account

1. Go to Bank accounts then select New.
2. Enter the relevant account details:

   A/C Ref*	Enter the new bank account nominal code.
   Nominal Name	Enter the name of your bank account.
   A/C Type	Select your bank account type. Cheque account - For bank and building society accounts Cash account - Such as petty cash or till takings Credit card account - For credit card transactions
   Currency	If you use Foreign Trader, enter the currency for your bank account.
   Balance	This shows the current balance of the bank account.  Understand how to enter a bank opening balance.
   Minimum Limit	Set a limit for your bank account. If the balance falls below this amount, the bank account will appear in red.
   No Bank Reconciliation	Select this checkbox if you don't want to run the Bank Reconciliation option for this account.

3. Select Bank Details and enter your bank address, account and contact information.
4. Press Save then Close.
5. Ensure the new nominal code appears in your chart of accounts.

• The bank record memo tab