In this guide, we will walk you through the simple step-by-step process of adding a new bank account to your system and setting up the opening balance for accurate financial records. Let’s get started and ensure your financial transactions are managed with precision!
ADDING A NEW BANK:
STEP 1:
Start from the homepage and click on the ‘Cash and Bank’ icon in the accounting section.
STEP 2:
From the Cash and Bank page click on ‘Add New Bank’
STEP 3:
Click on the ‘Bank name’ dropdown and then select a bank.
STEP 4:
After selecting a bank, fill in your remaining corresponding details like Account number, Account name, etc.
ADDING OPENING BALANCE:
STEP 1:
From the Cash and Bank section click on ‘Add Opening Balance’
STEP 2:
Enter an opening balance and your address and then click save.
CONCLUSION
With the knowledge gained from this tutorial, you can confidently navigate through the process of adding new banks and setting up opening balances. Embrace this newfound skill to streamline your financial operations and make informed business decisions.
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