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How do I Manage Bank Accounts ?
How do I Manage Bank Accounts ?

How to add and edit bank accounts

Written by Joseph Godwin
Updated over a week ago

In Banking, you can add any number of bank accounts. You can see all the bank accounts you’ve added in your Chart of Accounts and also in the Banking page as well as edit them. Learn how to manage Rules and how to create a Transaction.

How do I Add a Bank Account ?

  • Select Banking from the sidebar menu.

  • You will land on your default bank account.

  • Click on the arrow and Add Bank Account.

  • Learn how to complete the fields here.

If you tick the Is Primary tickbox, this account will become the default bank account for your business. This means that payments will, by default, be made from this account, unless you specify a different account while you’re making the payment. Only one bank account can be set as a primary account.

How do I Edit a Bank Account ?

  • On your Bank account, select Manage Account and Edit Account.

  • Make your changes.

  • When you’ve finished editing your bank account, click on Save.

How do I View a Bank Account ?

  • From the Dashboard you can click on Reconcile Transactions on the account you want to view.

  • Or on the Banking page, you can click on the arrow and choose the account you want to view.

  • Select the All Transactions tab.

  • The All Transactions tab shows you a list of transactions that have been created or reconciled. The list doesn’t include transactions that are unreconciled.

  • The To Reconcile tab shows you the uploaded bank statements that are not as yet reconciled.

On this page in the bank account information you will see :

  • hibooks Balance: all transactions, except those as yet unreconciled, under the to Reconcile tab.

  • To Reconcile : unreconciled transactions.

  • Bank Balance: balance per your bank.

You can add a bank transaction using the Bank Account page or by bank feeds. Use the Import Transactions function to import bank statements in bulk.

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