Bank Accounts

As the name suggests, bank accounts are used to represent actual bank accounts in the system.

• Payments are linked to bank accounts and form their current balance.

• If payment records are maintained correctly (e.g. by parsing bank statements), the system balance will match the real account balance.

For Outgoing Invoices, a bank account can also be set to display its details in the printed version (such as in the header or footer). This helps customize invoice appearance for the payer.

Each bank account is linked to a Bank, which is also defined in the system. For more details, kindly refer to the Banks article.