Paylite Bank Setup

Paylite Bank Setup

Paylite is a limited functionality version of our Accounting Software.
Bank setup is needed.

  1. go setup -> Accounts ->Chart of Accounts
  2. by default CAS1000 is a default bank account. you can rename the account name to your bank name.

    Category: this should not be changed. leave it as Bank.
    Description:  you can put your bank name here.
    Currency: currency of the account.
    Bank Initial: the short code of the bank.
    Remark: you can put the account number here.
    Balance Sheet display/Tax code Restriction: do not change.
    Inactive: disable the account in account selections fields.
    Prefix: if you want a prefix in your cheque number place here. Cheque number is automatically placed in the Payment Voucher reference.
    Next Cheque No.: you can place your next cheque number here.
  3. Click Update button to save the changes.
  4. If you have more bank accounts to add, you can add them now. you can use CAS1xxxx sequence for the account code.