on 05-03-2009 3:39 PM
now my client using 8 house bank a/c 14 bank account using shall i create for each bank 3 bank g/l account like one is main account and after that incoming cheque & out going check for clearing is this correct or not at this point of total total bank g/l account are almost 50 bank g/l account is it correct or not
Hello mydream,
What a name !!!!!
Yes it it correct..... You need to create 1 Main Bank A/c and 2 Clearing Bank A/c's 1 for incoming and another for Outgoing.
You can reduce the Clearing A/c's to 1 by combining the incoming and outgoing A/c's. If you do this you will have to configure accordingly. When you combine 2 GL's all incoming will be Credited and all Outgoing will be Debited.
Thank You.
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