Bank Account Maintenance is generally set up in the General Ledger module upon the initial setup of Pak Accounting and is available in the Bank Reconciliation module for convenience. For guidance on setting up Bank Account Maintenance, see Bank Account.

Defining the Bank Charges Paid: Expense Account and the Interest Earned: Income Account enables the system to make entries to the General Ledger automatically for these items. If these accounts are not already defined in the Chart of Accounts, add them into Account Maintenance via the [F11] Hot Key. Also, define separate Journals for these entries. Typically, this information is going to be the same across all the Bank Codes.

The Journals that are defined in the Bank Deposits/Drafts section of the General tab will help determine which group manual journal entries will go into.