If you have selected a Set of Books (template) when you created your own Set of Books, one Bank Account (Account number 810 - Current Bank Account) will already be available for you to use. You only need to select this Bank Account and change the Description Name of the Current Bank Account to the name of your own trading Bank Account.

A Bank Account must be linked to its own unique Payments and Receipts Batch Type. It is very important when setting up your Bank Account, that you link each Bank Account to its own unique payments and receipts journal. If it is not linked to these journals, you will not be able to do the bank reconciliation.

Before you can create a new Bank Account, you first need to create a new Payments and Receipts Batch. It is a good idea to edit or rename the payments and receipts batches. This will enable you to identify the payments and receipts batches for the bank accounts when you process payments and receipts or do the bank reconciliation.

To Create Payments and Receipt Batches:

1. Click on the Setup→System Parameters→Batch Type menu option.
   - Keyboard Access: Press the Alt+S+S+B keys on your keyboard.
   The Batch Type screen is displayed:
   
   
2. Enter the name for your Payments Batch (journal) next to the Add button. (The name of the Payments Batch must be unique, to prevent you from selecting the incorrect Payments Batch when you create your Bank Account).
3. Click on the Add button. The Payments Batch will be added to the list.
4. Enter the name for your Receipts Batch (journal) next to the Add button. (The name of the Receipts Batch must be unique, to prevent you from selecting the incorrect Receipts Batch when you create your Bank Account).
5. Click on the Add button. The Receipts Batch will be added to the list.
6. Click on the OK button, or press the Esc key on your keyboard, to close or exit this screen.

- Once you have created the Payments and Receipt Batches, you need to link them to the correct Bank Account in the Edit→Accounts→Bank Accounts menu option.