How to add a New Bank Account?

Let’s see how to add a new bank account.

Please go to Accounting > Chart of Accounts > New Account

Account Name: Its the name you want to call this account

Account Group: Select the account group as Bank Account from drop-down

Effective date: Select the effective date of the bank account. The account can be used from this effective date only while creating vouchers.

Opening Balance: Enter the amount if there is any opening balance

Bank Account Number: Enter the account number, Bank name, RTGS Code, MICR Code, IFSC Code, Bank Address, City, State, Pin code (This is optional data)

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