xTuple for Service Businesses Demo Guide

xTuple supports the use of multiple bank accounts—and for companies who do business internationally, different bank accounts can be defined to use different currencies. For this scenario, we'll be using the EBANK bank account, which comes pre-loaded in the xTuple demo databases. To locate the list of bank accounts, follow these steps:

List of Bank Accounts

Let's review the setup for the EBANK bank account. To open the EBANK bank account, double-click on it—or highlight it and then select the EDIT or VIEW button. The following screen will appear:

EBANK Bank Account

As you can see, this is a U.S. Dollars bank account. For general ledger purposes, the asset account defined here will be used whenever transactions are performed against this bank account. You can also see that this bank account is used for both accounts payable and accounts receivable. Later in this chapter we will cover check processing. But for now, take note that the check format to be used for checks is defined here.