Add cash and bank accounts
A cash account or bank account ready for payments, receipts and reconciliation.
Before you start
- Cash & Bank write access.
- Any foreign currency enabled first in Settings › Multi-currency.
Steps
Step 1: Open Cash & Bank
In the sidebar, choose Money, then Cash & Bank, and click New account.
Screenshot coming soon
The Cash & Bank page with the account list and the New account button.
Step 2: Fill in the account details
Fill in Account name, choose the Account type Cash or Bank, and choose the Currency. For a bank, fill in Bank name and Account number.
Screenshot coming soon
The new account form with Account name, Account type, Currency, Bank name and Account number.
Step 3: Link it to the chart of accounts, then save
Under Chart of account, choose Link existing to use an existing account, or Auto-create. Click Save account.
Screenshot coming soon
The Link existing and Auto-create options for the chart of account, with the Save account button.
When you are done
- The account appears in Cash & Bank with the Overview, Transactions, Bank statements and Reconciliation tabs.
- The opening balance is not entered here. Enter it on the Opening Balances page, see Enter the opening balance sheet.
Common problems
A message says the linked chart of account is required
Choose Link existing and pick the cash or bank account in the chart of accounts, or choose Auto-create to let Finday create it.
Something still unclear?
Ask us on WhatsApp. The Finday team replies during office hours and can walk you through it in your own account.