Bank Account

The Bank Account field is used to indicate the bank account  to which a Payment or Deposit is posted (i.e., from which the payment is issued or to which it is deposited).  The list of available options are defined on the Admin > Setup > Bank Account screen.

When adding a new Payment or Deposit, only those Bank Accounts meeting the following criteria will be available for selection:

• Must be active.
• Must be associated with an organization that is within the Legal Entity selected.
• Can have any Bank Account Type (either Bank, Other, or Undeposited Funds).