Banking Preferences allows you to set up defaults to use in banking transactions.
Configure Banking Module Preferences
- From the Banking Preference screen of the New Company Wizard, click on the Edit button. Or, from the Banking Module, select Preferences under the Setup menu. The Banking Preferences form is displayed.
- Here are the settings in the Banking Preferences and their descriptions:
General - General preferences and default values for the Banking module
- Default Bank Account
You may select a default bank account to use in new bank transactions such as new bank payments and bank receipts. See Also: Banking Setup > Bank and Bank Accounts- Default Petty Cash
You may select a default petty cash account to use in new petty cash transactions such as new petty cash payments and petty cash receipts. See Also: Banking Setup > Other Banking Setup > Petty Cash Accounts- Check/Cheque type
You may select the check type to apply to the Bank Payment and Bank Receipt form.
- Standard – when selected, you can type in the entity name in the Pay to the order of field in the Bank Payment form and in the Receipt from field in the Bank Receipt form.
- Supplier Search – When selected, a pulldown
arrow button will appear in the Pay to the order
of field of the Bank Payment form that you can use
to select from the Supplier list. While in the Bank Receipt
form, a pulldown arrow button appears in the
Receipt from field that you can use to select from
the Customer list.
Default Expense (Payments) - Default values for bank payment transactions
- Default Expense Tax Code
You may select a default tax code for bank payment transactions. See Also: System Setup > Tax Components and Tax Schemes- Default Expense Code
You may select a default expense account for new bank payments.
Default Revenue (Receipts) - Default values for bank receipt transactions
- Default Revenue Tax Code
You may select a default tax code for bank receipt transactions.- Default Revenue Code
You may select a default revenue account for new bank receipts. See Also: System Setup > Tax Components and Tax Schemes
Next Steps: