Article ID: 8755

Bank Accounts - Overview

The program initially provides one General Bank account, one Trust Bank account, and one Petty Cash account (classified as a General Bank account). Refer to the following articles for more information on working with bank accounts:

Take the following steps to add a new bank account:

  1. Click Options, select Lists, and Bank Accounts... to open the Bank Accounts window.
  2. Click Add to open the Add Bank Account window.
  3. Select one of the following options from the Bank Type drop-down list:
    • General Bank
    • Trust Bank
  4. Enter a new account number or accept the default number in the PCLaw Account box.
  5. Enter a new G/L account number or accept the default number in the General Ledger box.
  6. Enter a bank account name in the Account Name box.
  7. Enter the address of the bank in the Branch box.
  8. Enter the account number (provided by the bank) in the Account Number box.
  9. Enter the transit number (provided by the bank) in the Transit box.
  10. Enter the name of the person that opened the account in the Account Holder box.
  11. Enter a department code in the Department box.
  12. Click OK.