Main Tab

Enter general information about the bank account on this tab, and assign the general ledger accounts that represent the asset (or liability, if your bank account is permanently in overdraft) account, and input and output tax accounts. Account balances and values of the last reconciliation also display on this tab.

You can view the details on the Transactions tab.

Options Reference

Each option and field on the form is described below. Mandatory options and fields are highlighted in red.

Bank code

Enter or select a unique bank code, up to four alphanumeric characters that can be used when searching for a bank.

Displayed currency - Ledger (Base or Local)

This option only displays if you are using the Foreign Currency module. Select the option to display the values in your local currency.

Displayed currency - Foreign

This option only displays if you are using the Foreign Currency module, and the general ledger account assigned to the bank account is a foreign account. Select the option to display the values in a foreign currency.

Name

Enter the bank name, up to 30 alphanumeric characters. This outputs to reports relating to the bank account. If you are using the Automatic Reconciliation process, the bank name match the name in the bank interface files.

Account number

Enter the bank account number, up to 20 digits. This must be entered in the format supported by the bank.

Overdraft limit

Enter the account's overdraft limit. This is used for reporting.

Currency

This defaults, in read-only format, to the currency for the general ledger account assigned to the bank account. The field is available if you are using the Foreign Currency module.

Next generated cheque number

Enter the cheque number to be allocated to the next system generated cheque. This is enabled if the option to automatically generate cheque numbers is selected on the CM Module Control form.

GL Bank Account

Select the general ledger account to be updated when transactions are entered for this bank account.

GL Input Tax Account

Select the general ledger input tax account to be updated when transactions are entered for this bank account.

You don't need to select an account here. You can leave the field empty or you can enter a wildcard to work through the pre-defined hierarchy when obtaining the tax account to use when transactions are updated to the general ledger.

This account is only used to determine the tax account if the transaction is not linked to a supplier, in which case the supplier's tax control account is referenced first.

GL Output Tax Account

Select the general ledger output tax account to be updated when transactions are entered for this bank account.

You don't need to select an account here, it can be left empty or you can enter a wildcard to work through the pre-defined hierarchy when obtaining the tax account to use when transactions are updated to the general ledger.

This account is only used to determine the tax account if the transaction is not linked to a customer, in which case the customer's tax control account is referenced first.

Direct credit interface

If you are going to make payments using direct credit, select the bank interface format of the bank you are setting up.

Greentree supports several formats representing major Australian and New Zealand banks, and an ACH Direct Credit format for companies in the U.S.

Subscriber ID

Enter the subscriber number assigned to you by the bank for this account. This is enabled if you create payments using a direct credit interface with the bank.

Active bank account

Select this option to indicate the bank account is active.

Displayed currency - Ledger (Base or Local)

This option only displays if you are using the Foreign Currency module. Select the option to display the currency values in local currency.

Displayed currency - Foreign

Balances

The bank balance displays, along with a breakdown of how the balance is constructed.

Note: You can drill down on each of the balances displayed to view transaction detail for each value.