To set up a new bank account in Access Education Finance, you need to create a new ledger code and mark it as a bank account. You can also optionally configure a payment type, or convert an existing ledger code to a bank account.
Create a new bank account ledger code
Go to Codes.
Click Chart of Accounts.
Select Ledger Codes.
Click the plus icon
to add a new ledger code.Fill in the required details.
Select the box for Bank Account.
Click Save.
Set up a payment type for the bank account (optional)
If you would like to assign a payment type to the new bank account:
Go to System Setup.
Select Defaults.
Select Bank Account.
Expand the new ledger code.
Select a Payment Type from Manual Cheque, Printed Cheque, and/or BACS.
Convert an existing ledger code to a bank account
If you already have a ledger code that you would like to change to a bank account type:
Go to Codes.
Click Chart of Accounts.
Select Ledger Codes.
Search for the ledger code.
Select the box next to the ledger code.
Go to Actions.
Select Set as a Bank Account.
