For each bank account you have, you need to set up your bank account information in Bank Account Master Maintenance. This sets all the default options for the bank account that will be used in your company (i.e. G/L account numbers, bank account numbers, check format, etc). Also see: Default Bank Code List for more information on where to set default bank codes in other modules.

General Tab

You need to set up the default general information on the General Tab.

Bank Code	Each bank account will have a unique bank code. The code can be alpha or numeric. Some alpha examples are: A = A/P account, P = Payroll account, R = Revenue account. Or, some just use the G/L account number as the bank code (i.e. for cash account 1001, use bank code 1001). NOTE: If setting up a Credit Card, the Bank Code MUST be 4 characters.
Positive Pay Bank	Allows a Transaction code to be added during Positive Pay export, if your bank requires it.
Bank Description	Brief description of the bank account (the description will print beside the bank code when selecting it on a screen).
G/L Account / Sub-Account	G/L Cash Account for this bank code (this is the G/L cash account entries will post to when this bank code is selected G/L Sub-Account for this account, if required
Bank Charges Paid Expense Acct/Sub [/?]	Defines the G/L Acct and Sub-Account where bank charges are recorded when reconciling this bank code in Bank reconciliation.
Journal [/?]	The Bank Reconciliation system will generate entries for bank charges if so requested. Enter a separate journal for these entries to be made to. Default journal is 80.
Interest Charges Earned Income Acct/Sub [/?]	G/L Acct & Sub-Account where interest income is recorded when reconciling this bank code in Bank reconciliation.
Journal [/?]	The Bank Reconciliation system will generate entries for interest income if so requested. Enter a separate journal for these entries to be made to. Default journal is 81.
Journals to be used to record Checks Written from: [/?]	Defines the different journals used to create journal entries for the various check writing systems. Default journals are: 30 for Revenue Distribution 79 for Payroll 75 for Land 70 for Computer-generated checks in the A/P module 71 for Handwritten checks in the A/P module
Journals for Drafts	Define the journal that will be used when recording payment by draft. Default is 82.
Journals for Deposits	Define the journal(s) used to record deposits. Up to three deposit journals are allowed. Default Journal is 10 for deposit entry and 11 for Check Stub deposits.
Optional Range for Deposits [/?]	If you use more than 3 journals to enter deposits, you can enter a range of journal numbers here. For example, if deposit journals are 20, 25, 30, 35, and 40, enter 20 thru 40 as the range. This does not override the 3 journals entered in the field above -- both can be used.
Export this bank acct in Import/Export	Option to select by bank code if check history is allowed to be exported in the Export feature in Utilities. TECH TIP: If you want to export A/P checks but not payroll, leave this box unchecked.

NOTES:

•All the journals set up in the General tab are standard Pak Accounting Journal Numbers

•The Test Check Print button gives you the ability to print a sample check to make sure the alignment is correct. It will print the check as voided, but does not record anything in Check History or the General Ledger. The check will print with 2 "X"'s in the bottom right and left of the blank check border (this only prints on the test check print not on the real check). You have the option to turn off the alignment X's.

•The "Pay to the Order of" line will be left justified for OCR scanning by banks.

Bank Account List

To print a list of Bank account setup information click on List button at the bottom of the Bank Account screen.

Note: If Credit cards is turned on in A/P, the bank listing will allow you to restrict the listing by Bank Account, Credit Cards or both.