1. Add a Bank Account

You can add any number of bank accounts. You can see all the bank accounts you’ve added in your Chart of Accounts and also in the Banking page. 

To add a bank account:

  1. Select Accounts from the sidebar menu and then Banking from the drop-down menu.
  2. Select Add Bank Account.
  3. Complete the fields:

If you tick the Primary Account tickbox, this account will become the default bank account for your business. This means that payments will, by default, be made from this account, unless you specify a different account while you’re making the payment. Only one bank account can be set as a primary account.

2. Edit a Bank Account 

To edit a bank account:

  1. Select Accounts from the sidebar menu and then Banking from the drop-down menu.
  2. Select the Actions menu next to the bank account you want to edit.
  3. Select Edit and make your changes. The editing layout is similar to the Add Account layout.

4. When you’ve finished editing, select Save

 

3 View a Bank Account

To view the transactions of a bank account:

  1. Select Accounts from the sidebar menu and then Banking from the drop-down menu.
  2. Select View All Transactions at the bottom right of your chosen bank account summary.

The Account Transactions tab shows you a list of transactions that have been created or reconciled. The list doesn’t include transactions that are unreconciled.

The Reconcile tab shows you the uploaded bank statements that are not as yet reconciled.

You’ll see:

  • hAIbooks Balance: all transactions, except those as yet unreconciled, under the Reconcile tab.
  • Unreconciled Balance: unreconciled transactions.
  • Bank Statement Balance: reconciled reconciled transactions.

You can add a bank transaction using the Bank Account page. Use the Import Transactions function to import bank statements in bulk.

Did this answer your question?