Adding A New Bank Code

Planning:

• Ledger Account – determine ledger code that the SJI will post new bank code transaction too.

  • This could be a new ledger code or an existing code
    
    

• SJI System Account – determine what is already posting in the ledger

  • You want to see the sort order of the bank codes so it makes it easier to run Bank Balancing reports.
    SJI > System Accounts > Bank > Print > answer NO to sort by ledger code
    
    

• Bank Account – determine what your bank code will be

  • Take note of how current bank codes are posting, remember to look at the sort ranges for reporting.

Setup:

• Ledger Account – If needed, key in new ledger account.

  • LDG > Maintenance Options > Chart of Accounts > Insert new account if needed
    
    

• Summary Accounts - Determine if this new code needs to be added to a summary account for accurate financials.

  • Do your custom financials print bank asset accounts?

    • If yes, then add new account code to summary accounts.
      LDG > Maintenance Option > Summary Account
      
      

• Bank Account - Add bank header records through Bank Maintenance

  • AGRIS > BNK > Bank Account > Bank Maintenance > Key in the two-character code that will represent this bank.

  • Key in Bank name description

  • The account number is not required, unless you are printing this on reports/forms
    
    

• SJI – Setup new bank code to post to ledger account.

  • SJI > System Accounts > Bank > key in new bank code

  • Assign to ledger account.

Document Written by Alisa Mueller