Question
What is a bank account?
Applies To
AccountsPrep users.
Answer
In AccountsPrep, a 'bank account' can be distinguished as the following:
Any financial account with statement data available showing receipts/payments (and a running balance).
It may or may not have cheques or deposit books associated with it.
Additional Information
For details on what types of financial accounts should be created as bank accounts in AccountsPrep, please click here.