Solution Properties Solution ID: 250916034849920 Last Modified Date: Tue Sep 16 03:48:49 UTC 2025 Taxonomy Path: Category//Setup and configuration Author: [email protected]

How to create a new bank account Description Cause Resolution Go to Banking. Click the New dropdown button and select Bank Account. Complete the following fields: Account Type: Choose from Chequing, Savings, Credit Card, Loan, or Other Account Name: Enter the name as it appears on the Banking page and reports Currency: Select the currency For foreign accounts, balances display in both the selected and base currencies. Account Number: Optionally, enter the account number Last 4 digits: For credit cards only, optionally enter the last four digits Add an opening balance: Click to enter an opening balance Set your account start date in Financial Settings first Opening Balance Date: Enter or select the date Balance or Overdrawn: Indicate whether the account has a positive or negative balance and enter the amount Click Save & Connect Bank to link the account securely, or click Save to add it without connecting On the Address & Contacts tab, enter the bank’s address and main contact Click Add Address Contact to include more contacts Click Save. Steps to duplicate Related Solutions