Hi, Am new to Manager. I yesterday created the chart of accounts for my company and made groupings in the chart of accounts as required. But I tried to enter an entry relating to bank using cash account, the bank account i created in chart of accounts is not reflecting in Cash accounts. It is sh…

You can only create bank accounts under the Cash Accounts tab - not via the chart of accounts. [image] You can’t post bank account transactions using Journal Entries, they can only entered via Receive Money and Spend Money. [image]

Thanks @Brucanna Actually you can create bank accounts via chart of account. After that you just need to apply Control for Cash Accounts.

[image] Alex_Thomas: Actually you can create bank accounts via chart of account No, you can only create Control Accounts (not bank accounts) via the chart of accounts. Control accounts can’t take direct transactions where bank accounts can take direct transactions. Bank Accounts are created…

[image] Alex_Thomas: Actually you can create bank accounts via chart of account. While you can create a generic account and name it as a bank account, it will not function as a bank account, allowing you to spend, receive, or transfer money.

Cash Accounts and Chart of Accounts

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Cash Accounts and Chart of Accounts

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