CMS - How To: Setup Bulk Banking Cashbook

Created by Mienette van Heerden, Modified on Thu, 13 Jun, 2024 at 2:05 PM by Glennise Pretorius

1.1 Bulk Banking Setup

Navigation: Community Level > Finances > Financial > Cashbook

From the cashbook tab, click on Add New Cashbook / Bank Account.

Complete the fields required fields which are indicated in red.

Once this cashbook is created, a general ledger will automatically be created for the cashbook, and the Description (name) will be entered under General Ledger Details - Description. This can be edited before saving the cashbook.

Click on the dropdown list of Bank Integration and select the relevant integration per the bank in use.

Should this be the cashbook in which bank account details need to appear on customer invoices and statements, toggle the yes box next to the Default Account

If this is the cashbook that has been captured (bank account details) is the bank account that needs to appear on all tenant invoices and statements, click the check box next to Tenant Billing Account.

Enter the opening balance for this cashbook if applicable. Enter the opening balance in the opening balance field, if there is no balance leave it as zero.

Please Note: By entering an opening balance on the Cashbook setup page, it is required to create an Opening balance journal to have this same balance reflected on the Trial Balance. If an actual cashbook transaction is the opening balance, please don't enter the opening balance on this page as this will cause duplication.

After completing the required fields, click on Add Cashbook to save and create the cashbook.