Create a new bank account

• The bank account record is created.
• If the bank account record is the first base currency bank account, then this is set as the default bank account for the Cash Book.

The first base currency bank account created in the Cash Book is automatically assigned as the default bank account. As you create more bank accounts, select the account you want to use as default, using the Cash Book Settings.

• If you are using Sage e-banking, the bank account is enabled for automatic processing according to your selections.

You must have:

• Set up your Cash Book.
• Created your nominal accounts and specified your default nominal accounts in the Nominal Ledger.
• Enabled e-banking in the Purchase Ledger settings Options tab, if you want to use it.
• Subscribed to an appropriate electronic bank service if you want to use e-banking.

Note: If you subscribe to an electronic banking service and enable e-banking in the Purchase Ledger, the first time subsequently that you enter a new account or amend an existing account you will be presented with a registration form for your chosen electronic banking service. You must register for the electronic banking service by entering your user name and password. You will not need to do this again once you have registered, even if you switch e-banking off and on again in the Purchase Ledger.