Bank Accounts
Before you can record a payment or transfer funds, you need to define where that money lives. The Bank feature allows you to create the accounts (ledgers) that will appear in the “Deposit To” or “Paid Through” dropdowns throughout the system.
These are not just for physical bank accounts—you can also use this to set up Cash Drawers, Petty Cash funds, or eSewa/Khalti wallets.
Adding a New Account
To add a new account, navigate to Accounting > Cashflow > Bank and click New.
Account Details
- Name: Give the account a clear, recognizable name (e.g., “Nabil Bank - Current” or “Store Petty Cash”).
- Account Number: (Optional) Enter the actual bank account number for your internal reference.
Status Configuration
- Status: Keep this checkbox checked to make the account active. If you close a bank account in the future, you can uncheck this to hide it from dropdown menus without deleting the historical data.
Save
Click Save to create the account. It will immediately be available for use in Payments and Transfers.
Note: This feature creates a system ledger representing your bank account. It does not connect directly to your bank’s API for live feed updates. You will need to manually record transactions or import statements to keep the balance accurate.
Where is this used?
Once created, this account will appear in:
- Payments Received: As a “Deposit To” option.
- Payments Made: As a “Paid Through” option.
- Cash Transfer: As a Source or Destination for internal fund movements.