About Accounts (bank accounts)
All agreements are linked to one bank account. It might be that this information is not relevant for you, but still it is mandatory that when you save an agreement to share one bank account where the transaction happens. You need to have one bank account per currency within the system. For example, all EUR agreements can use the same account regardless of who the account owner is. The agreement currency and bank account currency should be the same.
Register Account
In the ‘Register Account’ section you will have a summary view of all of your bank accounts. New Accounts can be created from “Add new”-tab, import from excel, or if you have existing companies, all you have to do is copy them and just change the data.
Account Overview fields:
Account owner
The entity behind the account. If the bank account information is not relevant, or it was already explained, you need to have at least one bank account per currency. All entities can use the same bank account if they feature the same currency.
Account name
The name that comes to all agreement forms. We recommend that you keep this as short as possible.
Bank
Name of the bank.
Alternative account number
This is just for information purposes only. You can type here some other account number format or some other item to remember.
Show liquidity view
If you choose this icon, this bank account will be visible in the liquidity view within the system.
Currency
Currency of the bank account.
IBAN
International Bank Account Number) of the account.
Country
Country of the bank account.
BIC
Bank Identification Code of the bank.
Client account number
This is the accounting account number for the bank account. When using the accounting module and you wish for your bank account postings to come to the right accounting, put it here.
Client account name
This is the accounting account name for the bank account.
Default counterparty code
This feature is meant for the accounting module. Some ERP´s require that when there are internal transactions and counterparty code is used, there should be used this default value for the counterparty code. This is where you can choose that you want this default value to come when transactions are happening on this bank account.
Default value counterparty code
When the “Default counterparty code” is selected, it will bring the value from this field into the accounting template.
Excel import for accounts
First, click on the ‘Import’ tab. From ‘Download sample’ you can get the import excel template that you can use for the import. You can bring 50 accounts at once.
Once you have filled in all your accounts and saved the file on to your computer, check to make sure the file is readable and then click import.