Bank Master Setup

Bank Master Setup

Go to Accounting> Accounts Payable> Maintenance> Bank Accounts> Bank Master

To Create a Bank pay via Check Writing

1. Bank Code =  First Bank Code usually starts as “1” then increments as Bank Codes are added to the Bank Master Set up / Accounts Master

**Tab over and Enter a NAME for this Bank Code**

2. Bank Account = Last three digits of Checking Account. This is used in the Bank Reconciliation Upload

3. Sub-ledger = Sub-ledger Number associated with this account

**Sub-ledger Number pulls from the Subsidiary Ledgers Maintenance**

4. Default Bank ? = Y or N

5. Currency Code =  Leave blank if US Currency

6. Check Name = Report Name for check writing setup.  This can be left blank.

7. Average Days Invoices are Paid Before Due = Number of days check is to be printed prior to Due Date of Invoice

8. Average Days Between Computer Check Run =  Typical days between each check run for this Checking Account

9. Lines Available for printing on Check Stub = Available Lines for Remittance Information

10. Dedicated Printer for Immediate Checks ?  =  “ Y “means checks will remain in printer after each check run.

Check Writing Accounts Master Bank Security Information

1. Payment Type = C [see hint text at lower left of screen]

2. Beginning Check No. = Computer generated checks will start with this number

[ 1 st Run Only ]

3. Ending Check No. = Last check number associated with this checking account

4. Limits Level 1 Amount = By Default checks will process over this dollar amount

**Signature Required ** up to Level 1 Limit

5. Limits Level 2 Amount = By Default checks will process up to this dollar amount

**Signature Required** exceeding Level 2 Limit.