Set Up a Bank Account

You need to set up bank accounts to be able to import BAI files and use the Treasury Dashboard page.

1. Choose the icon, enter Bank Accounts, and then choose the related link.

2. On the Bank Accounts page, open the record you want to set up.

3. On the Bank Account Card page, in the General FastTab, populate the following field:

   Field	Description
   Institution Code	Enter the code that represents the institution. The code is used by the Treasury Dashboard page to group bank accounts that belong to the same institution.

4. On the Automatic Bank Rec FastTab, populate the following fields:

   Field	Description
   BAI Uniform Code	Select the BAI uniform code. Different bank accounts can use the same code.
   Sender ID	Enter the ID of the sender. Different bank accounts can have the same sender ID. This way, multiple bank reconciliations may be created from the import of a BAI file containing multiple bank statements with the same sender and receiver.
   Receiver ID	Enter the ID of the receiver. Different bank accounts can have the same receiver ID. This way, multiple bank reconciliations may be created from the import of a BAI file containing multiple bank statements with the same sender and receiver.
   BAI Bank Account No.	Enter the BAI bank account number. This number might be different from the bank account number in the General FastTab.
   Auto-Transfer to General Jnl.	Turn to the toggle on to automatically transfer transactions to the general journal during the bank reconciliation process.
   Auto-Post to General Jnl.	Turn to the toggle on to automatically the general journal during the bank reconciliation process.
   Transaction Date Tolerance	Enter the span of days before and after the bank account ledger entry posting date within which the function will search for matching transaction dates in the bank statement. If you enter 0 or leave the field blank, then the automatic matching function will only search for matching transaction dates on the bank account ledger entry posting date.
   ACH Match Date Range
   Enable Automated Matching
   Enable Automated Posting
   Create New Statement No.	Turn to the toggle on to automatically create a statement with a new number during the bank reconciliation process.