Defining Bank Codes
A bank code is a combination of the bank account number and General Ledger cash account. You can create one bank code and associates it with two different bank accounts: one for system payments and one for direct deposits. If you do not assign a direct deposit account to the bank code, the bank account you assigned for system payments is used for direct deposits.
To define bank codes
- Access Bank Code (PR01.2).
- Select the bank account in the Account field.
- Select the General Ledger distribution company, accounting unit, account, and subaccount in the Cash Account fields.
Related Reports and Inquiries
| To | Use |
|---|---|
| List bank information | Bank Listing (PR201) |