Editing a Bank Account

Prerequisites

To edit a bank account, you should have:

  • Currencies and distribution codes defined in the application

Procedure

To edit a bank account:

  1. Search for the bank in the Bank screen.
  2. In the Search Results section, click the link in the Description column corresponding to the bank whose details you want to edit.
    The Bank screen appears.
  3. In the Bank Accounts zone, click the Edit icon (The Edit Icon) in the Edit column corresponding to the bank account whose details you want to edit.

    The Bank Account screen appears. It contains the following sections:

    • Main - Used to specify the basic details about the bank account.

    • Characteristics - Used to define the characteristics for the bank account.

    The Main section contains the following fields:

    Field Name Field Description Mandatory (Yes or No)
    Bank Code Indicates the bank whose the bank account you are editing. Not applicable
    Bank Account Indicates the type of the bank account. Not applicable
    Description Used to specify the description for the bank account. Yes
    Account Number Used to specify the number that identifies the bank account. No
    Check Digit Used to specify the number that is located on the far right side of a bar code. No
    Branch ID Used to indicate the branch in which the bank account is held. No
    Currency Used to indicate the currency in which the bank account is denominated. Yes
    DFI ID Used to indicate the depository financial institution for the bank account. No
    Distribution Code Used to indicate the distribution code, which in turn indicates the GL account associated with the bank account.
    Note: The Search (The Search Icon) icon appears corresponding to this field. On clicking the Search icon, the Distribution Code Search window appears.
    		 Yes
    Tip: Alternatively, you can edit the details of a bank account by clicking the Edit button in the Bank Account zone.
  4. Modify the required details in the Main section.
  5. Define, edit, or remove characteristics of the bank account, if required.
  6. Click Save.
    The changes made to the bank account are saved.

Related Topics

For more information on... See...
How to search for a bank Searching for a Bank
Bank screen Bank (Used for Viewing)
Bank Accounts zone Bank Accounts
Bank Account zone Bank Account
How to define a characteristic for a bank account Defining a Characteristic for a Bank Account