How to create a new bank account in SFM

How do I create a new Bank Account?

First thing to do is to create the Bank Account in your Chart of Accounts as seen below. Please make sure you use the code depending on your Heading and Sub-Heading digits.



After creating the bank account, you need to specify the account as a Bank System Control Account.


To do so, you need to go to the Support > System Control Accounts and Add the new account as a new Bank Account as shown below:



PS: The same procedure needs to be done for Cash Accounts, Discounts Accounts and Bank Charges.

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