Setting up bank accounts of the organization
To record the cash flows, you need to create an account for the organization. By using them, you can distribute the cash flows. Flowlu accounts are not just bank accounts. You can also add cash accounts. If you have several organizations, then each account must be linked to a specific organization.
Bank accounts are created in System Settings → Finance → Bank Accounts. To add an account, click on the corresponding button in the upper right corner.
In the opened side panel enter:
- account name. For example, the name of the bank;
- account type – Bank account or Cash (1).
- select the organization to which the account belongs and save (2).