Manage Banks (US)
Use this screen to set up US bank information for your company or companies. You must enter all banks from which and to which you transfer funds (both manually and electronically).
You enter bank information on this screen as part of the general Costpoint initialization, before you start to:
- Process data and transactions to the history tables.
- Issue checks to vendors in Accounts Payable.
- Issue checks to employees in Payroll.
- Receive cash in Accounts Receivable.
- Enter Electronic Fund Transfer (EFT) information on any other Costpoint screen.
Use this screen to enter the following categories of information for each bank:
- The bank's identification number
- The bank's name
- The type of transfer that is associated with the bank (Accounts Payable, Payroll, or both)
- The bank's address and contact information
After you enter a bank's basic information on this screen, you must enter a bank's detailed information on the Manage Company Bank Accounts screen.
Bank information that is set up on this screen also displays on the Manage Bank Routings screen in Costpoint Payroll with a slightly different format. (The Transfer Type column on this screen is called the Usage Code column on the Configure Bank Routings screen.)
- Related Topics:
- Display the Manage Banks (US) Screen
You access the Manage Banks (US) screen from the Accounting domain. - Contents of the Manage Banks (US) Screen
Use the fields and options to configure the Manage Banks (US) screen. - Table Information for the Manage Banks (US) Screen
Changes to the Manage Banks (US) screen update the DIR_DEP_BANK table.