Enter all checking, savings, and other accounts where funds are deposited and disbursed. Each Bank account must have an individual general ledger number assigned to it. The Interest and Bank Charges from the bank accounts can be the same for each bank, if desired.

When setting up a new Bank Account the beginning balance will be 0.00.  If the Bank Account being setup in the ManEx system carries a Balance the Bank Balance within the setup will be 0.00.  Then, the user will be required to generate a so called "OPENING" Journal Entry which will Debit the Bank Account General Ledger number.  Once the Journal Entry is posted to the General Ledger, both the Bank Setup Balance and the General Ledger Account number Balance will be updated and should match.