How to edit or delete bank accounts

• Add or update address and contact details
• Review reconciliation details
• Rename accounts you no longer use to “Do not use” to avoid confusion

Inactive bank accounts

You can’t delete accounts with transactions. Instead, set them to inactive to hide them from the banking list. Inactive accounts still appear in reports and past transactions.

To edit or delete a bank account

Select the Banking menu.

To delete:

1. Select Delete under the account name.
2. Select OK to confirm.
3. You can’t delete accounts with posted transactions or opening balances.

To edit:

1. Select the account to open the Bank Accounts page.
2. Update the details as needed.
3. Use the Address & Contacts tab to add more information.
4. Select Save.

Foreign currency transactions

You can process foreign currency transactions on invoices and credit notes. See How to set up multi-currency. Sage Accounting uses live exchange rates to convert amounts to your base currency.

To add a foreign bank account, follow the same steps as for a base currency account. Select the desired currency in the Currency field.

More about multi-currency banking

How to record credit card transactions

How to set up Bank Feeds