Bank Accounts view is used to establish the bank accounts whose bank statements you want to process in accounting. You can find the bank account settings by selecting Settings - Bank Accounts from the left frame.
In the Bank account number field, the bank account must be provided in machine-readable BBAN format (14 digits long and written together), after which the program will generate the IBAN account number in the IBAN field.
In the Swift/BIC field, select the corresponding BIC code for the bank account from the dropdown menu.
The information in the Bank Group field is mainly informative and will not be printed on the bank statement. If the tito - bank statement is in use in Heeros Accounting, the Bank Group information can be utilized by establishing tito specifications by bank group.
In the Bank account name field, a free-form name for the account can be provided. Please note that the bank account name will also appear on printed documents. In the Bank- field, the official name of the bank can be provided, which will also be printed on the bank statement. The Bank contact information will also be printed on the bank statement, and pressing enter allows you to insert line breaks in the text as desired.
In the Currency field, select the currency of the account, which will also be printed on the bank statement.
There are several fields in the bank account settings that are currently not in use. These fields include Payment Bank account, Account Owner, Purchase invoices ledger account, Purchase invoices: type of record, new note type for purchase invoices, and New note type valid from field. Corresponding fields for reference payments are not available.
TITO
TiTo ledger account and (new) receipt type - If bank statements are to be processed in accounting, it is essential that the TiTo accounting account and TiTo receipt type are provided; the program will make bank statement postings for the voucher type and accounting account specified here.
Each bank account must have its own voucher type established so that document numbering is sequential for each bank account. Voucher types are established in the view Settings – Voucher types. Read more here.
TiTo new type of record and TiTo valid from - If a new voucher type is to be used at the beginning of each accounting period and you want the program to ensure that document numbering starts from the correct number series, you can set the information for the document type and date in the TiTo new type of record and TiTo valid from fields, which the program will start using.
This is an important setting to consider, especially if automatic tito processing is in use and the company has multiple accounts with different statement generation cycles (for example, daily statement and monthly statement). Once the accounting period transition is over, it is advisable to change the information in the TiTo new type of record field to the TiTo (new) receipt type field so that the next accounting period transition goes as desired in terms of document numbering.