Go to Settings >> Options >> Bank accounts to view a list of bank accounts set-up in your database. Before creating a new bank account, you need to first create an account on your Account Codes list with Property set to Bank.

How to add new account codes

To add a new bank account click the New button at top right of screen.

All boxes highlighted in yellow are required fields. Enter all details for the account, then click Add.

Account Name

The account name provided to your bank, which appears on your bank statements. It will normally be your business name (if someone writes you a cheque, the payee will be this).

Account #

Your bank account number, not including BSB.

Bank Name

The name of your bank, e.g. NAB, CBA, ANZ, Westpac.

BSB / Branch

The BSB (Bank, State and Branch) number for your account. Each Branch Office of a bank has an identifying number.

Swift Code

Optional, will assist owners living overseas make payment to you by international funds transfer. You can obtain this from your bank.


Again this field is optional, and will help overseas resident owners make payments to you. Obtain this from your bank if needed.

Default bank account for Banking

If you tick this the account will be default when you go to Finance > Banking to record a client deposit. The account will also appear on owner statements issued, for EFT remittances.

Default bank account for Payments

If you tick this the account will be default when you go to Finance > Payments to record a supplier payment.

Account Code

This field is required. You need to select the account from your Account Codes list that matches this bank account. See previous section for instructions on creating a bank account in your COA.

Whichever bank account is ticked as ‘Bank Default’ will appear automatically on the remittance page of your Owners Statements, so your customers have the Account No. and BSB details they need to make deposits.

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