to select the desired bank ID number.Enter a bank's nine-digit bank ID (ABA number) in this required field. You can also use to select the desired bank ID number.
The bank ID and the ABA number are consistently interchangeable throughout Costpoint. The Federal Reserve Board assigns a nine-digit ABA number to each bank as the unique identifier for the bank. (The ABA number is the first block of numbers at the bottom left portion of a check or deposit slip issued for use by individuals or corporations.)
You can associate more than one bank account with the same bank ID. For example, a savings account and a checking account at the same bank can each have a unique bank account number but the bank ID (ABA number) would be the same.
When you enter a bank ID, the non-editable field to the right displays the associated bank name from the Manage Banks screen. To edit the bank name, you must do it on the Enter/Manage Banks screen. The bank name displayed in this field is automatically printed on blank laser checks.
Enter, or use to select, the currency code in which your bank account is denominated.
Enter the bank address to be printed at the top of blank laser checks (for example, Bank City, State/Province, Postal Code, such as Herndon, VA 20171, and so on). The address must be for the bank against which the check is being written.
Although this field is not required, always enter data in this field if you use blank laser checks. You need not enter this data if you use preprinted checks.
In this group box, you enter the required bank account, fractional ABA routing information for the bank abbreviation, and check number range for zero balance checks.
Enter the bank account number. This number is used on the Manage Bank Statement Information screen. You must designate the account in advance for Accounts Payable, Accounts Receivable, and Payroll.
Enter the fractional routing (ABA) number. This number represents a bank ID code/Federal Reserve district transit symbol.
Although this field is not required, you may, depending on bank requirements, need to enter data in this field if you use blank laser checks. You need not enter this data if you use preprinted checks.
Use these fields to enter the starting and ending check numbers for your zero checks. (Checks have nine digits.)