Bank accounts in AccountsPrep are any financial account with statement data showing receipts/payments (and a running balance). It may or may not have cheques or deposit books associated with it.

Bank Accounts in AccountsPrep have three core elements to them:

At a minimum, every bank account requires you to post bank statement batches in order to get receipts and payment data into the account.
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How you then interact with bank accounts is entirely up to your own practices and the client at hand. For example, some users may use cheque batches and deposit batches just for posting outstanding cheques/deposits at year-end only. Other users may upload all cheques for the year using cheque batches, and then let the system's matching help reconcile outstanding cheques.
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The main accounts to consider are:

If there are cheques/checks written on the account then you should certainly operate it as a Bank Account for reconciliation purposes alone.

Other accounts you may want to consider include

A bank account operates differently from a standard account and you can create it under any Asset or Liability class.

Make sure your opening balances are correct. You can import your opening balances.

​If you have two or more accounts set up as Bank Accounts and transfers occur between them, you will need to understand how AccountsPrep handles bank transfers.

You can't make journal entries to Bank Accounts.