Bank Accounts

Creating a new bank account

Go to Cash & Banks > Bank Accounts

This overview contains the following columns:

• Account number: the bank account number.
• Account name: The chosen name of the account.
• Account holder: The name of the account holder.
• Country: The country where the account is located.
• Account automation state: Displays the current status of the bank link.
  • Bank feeds are supported for the UK market via Trulayer.

To edit an existing bank account, click on the required bank account from the list.

• Edit: Change the bank account settings.
  • Tip: Click directly on the line of the bank account to request and/or change the settings for that bank account
• Archive: Archive the bank account.
• A bank account which has a bank transaction(s) linked cannot be deleted. These bank accounts can only be archived. When archiving a bank account, it is no longer possible to enter transactions.

An archived bank account can be restored if necessary:

• Click on the menu button next to Add bank account, and choose 'Archived'.
• Twinfield shows the list of archived bank accounts.

• Click on the menu button on the right and choose 'Restore' the bank account.

Related features

When selecting a specific bank account additional options are shown on the right side of the screen:

Bank statement allocation rules: shows the posting rule of that specific bank account. Posting rules can be created here for the specific banks.

Cheques: Set up of Cheques and Paying in slip for specific bank account with the following information:

Cheque book

• Register cheques for this bank:
• Name:
• Short name:
• General ledger account:
• Word template for cheque production:
• Cheque number range:

Paying-in slip

• Register paying-in slips for this bank:
• Name:
• Short name:
• General ledger account: