How are chequebook and credit card accounts setup?
• Go to the Accounts command centre and click Accounts List. • If the account is to be a chequebook account, click the Assets tab. If the account is to be a credit card account, click the Liabilities tab. • Click New. • Select the Detail Account option. • If the account is an asset, set the Account Type to Bank. If the accounts is a liability, set the Account Type to Credit Card. • Enter the Account Number and the Account Name. • OPTIONAL: Click the Details tab and enter an account Description. • Select the N-T tax code in the Tax Code field. • Click the Banking tab and enter your bank account details. Note: If this account is to be used for making electronic payments through your bank’s web site or banking software, select the option I Create Bank Files (ABA) for This Account. For detailed information on electronic payments, please refer to our support note Making payments electronically. • Click OK to return to the Accounts List. The window below shows the setup of an example Asset c
