Bank In ERPNext
In ERPNext you can include more than one bank account in ERPNext's Chart of Accounts. Under the "Bank" account type, each bank account is shown as a ledger.
The Bank Statement Upload feature allows you to upload bank statements in CSV or Excel format after your bank accounts are set up. This enables you to link real bank transactions—such as charges, withdrawals, and deposits—to the ledger entries for your business.
To access bank, go to:
1. Steps to Create a Bank in ERPNext
1. Go to: Accounting > Banking > Bank
Navigate to the Banking section under the Accounting module.
Click “New” to create a new bank record.
2. Enter the Bank Name
- In the Bank Name field (e.g., “Standard Chartered”), type the name of the bank you want to register.
3. Add Bank Connections
Under the Connections section:
Click “Bank Account+” to link your company’s bank account(s) with this bank. You can add multiple accounts here.
Click “Bank Guarantee+” if you want to link any guarantees issued or received via this bank.
4. Enter Bank Details
SWIFT Number: Add the SWIFT code of the bank (e.g., abcef123x45), which is used for international transactions.
Website: (Optional) Add the bank’s official website URL for reference.
5. Add Address and Contact
- Input the bank’s address and contact details like phone, email, and branch location. This section is useful for correspondence or audit records.
6. Save the Record
- Once all fields are filled, click the “Save” button on the top-right corner to complete the setup.