Deleting Bank Accounts

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Setting up Bank Services

Adding Banks

You can delete a bank account record only if it has a zero balance, all transactions are reconciled, and there are no outstanding transactions.

  1. Set the fiscal year and period far into the future to ensure that all outstanding and unposted transactions are included in the Reconcile Statements screen.
  2. Reconcile the bank account.

    Note: You may need to create bank entries to write off outstanding amounts and to transfer the remaining balance to another bank account.

  3. Post the reconciliation.

To delete a bank account record:

  1. Open  Bank Services > Bank Setup > Banks.Open  Bank Services > Bank Setup > Banks.
  2. In the Bank field, specify the bank code to delete.
  3. Click Delete.

    If you receive a message asking you to confirm the deletion, click Yes.