Difference between revisions of "Checking Account Setup"
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| '''Bank routing #''' || Enter the routing number (ABA#) for the account you are setting up | | '''Bank routing #''' || Enter the routing number (ABA#) for the account you are setting up | ||
|- | |- | ||
− | | '''Fractional format''' || The fractional ABA format is the "999-9999 / 9999" you see on your checks. This number is typically printed near the top of a check, in the right-middle area | + | | '''Fractional format''' || The fractional ABA format is the "999-9999 / 9999" you see on your checks. This number is typically printed near the top of a check, in the right-middle area. This number is used in the US only, and is the fractional routing number or transit number. The number consists of a denominator mirroring the first four digits of the routing number, and a hyphenated numerator, also known as the ABA number, in which the first part is a city code (1–49), if the account is in one of 49 specific cities, or a state code (50–99) if it is not in one of those specific cities; the second part of the hyphenated numerator mirrors the 5th through 8th digits of the routing number with leading zeros removed. |
|- | |- | ||
| '''Account #''' || Enter the checking account number | | '''Account #''' || Enter the checking account number |
Revision as of 13:15, 16 March 2012
Overview of CW02
In order for a checking account to be available for selection throughout the DDI system, it must first be set up within Checking Account Setup.
- From the DDI Connect main menu, double-click CheckWriter
- Double-click Setup
- Double-click Checking Account Setup. You will see a screen similar to this one:
To add a new account, click the Add button. The fields will activate for entry:
The following fields are available:
Field | Description |
---|---|
Checking acct # | Enter the 2 digit checking account number for the purposes of the DDI Connect system |
Description | Enter a short, unique description of the checking account. For example, "M&I Checking" |
G/L account | Enter the G/L number to be assigned to this checking account. You can type in the number or click the list icon to select from a list of active G/L numbers in the system |
Suspense account | If your organization utilizes a suspense account, enter the G/L account number associated with that suspense account. You can type in the number or click the list icon to select from a list of active G/L numbers in the system |
Company name | Enter your company name |
Company tax ID | Enter your company's tax ID |
Bank name | Enter the bank name |
Bank routing # | Enter the routing number (ABA#) for the account you are setting up |
Fractional format | The fractional ABA format is the "999-9999 / 9999" you see on your checks. This number is typically printed near the top of a check, in the right-middle area. This number is used in the US only, and is the fractional routing number or transit number. The number consists of a denominator mirroring the first four digits of the routing number, and a hyphenated numerator, also known as the ABA number, in which the first part is a city code (1–49), if the account is in one of 49 specific cities, or a state code (50–99) if it is not in one of those specific cities; the second part of the hyphenated numerator mirrors the 5th through 8th digits of the routing number with leading zeros removed. |
Account # | Enter the checking account number |
EFT company ID | If applicable, enter the EFT company ID |
Form code | This is the form code for the checks. In most cases, unless otherwise indicated by DDI staff, this will be AP |
Next check # | Enter the next check number for the account |
Check # digits | Enter the number of digits for the account's check numbers |
Post to G/L? | Enter yes or no to post checks from this account to the G/L |
Use with | Select Checks, ACH, and/or SWIFT |
Consolidate When Posting? | You can select No Consolidation, Cash, Accounts Payable or Both |
When you have finished entering the information, click Save to add the new account.