The bank details for the contact are maintained in the Bank tab. The first set of bank details are intended for creditors, and this is the information that will appear on the bank deposit slip when we bank money from the creditor.

They Pay by: This is the payment method that the debtor normally uses to pay us. Whenever money is receipted from the debtor, the Paid By of the receipt will default to this.

Bank, Branch and Account Name: These details are used for preparing bank deposit forms when the customer pays by cheque. The details are displayed on the entry screen when receipting cash, so you can check at the time of entry whether they are using a different bank account. These can be overridden on individual transactions.

Electronic banking details for when we pay them: The actual bank account number that is used when preparing files for electronic banking. The account number should be filled out in the format indicated and will be automatically zero-filled if required —see Account Number. The ability to enter/edit this is a user privilege.

Credit Card Details: Their credit card details. When they pay by credit card these will be used unless overwritten on the transaction.