How to Add a Bank Account in the Accounting in GPOS

This tutorial will guide you through the step-by-step process of adding a new bank account in the Accounting module of GPOS.

🛠️ Why You Need to Add a Bank Account

• To record bank-related transactions in your accounts

• To track payments received and expenses made through banks

• To reconcile your sales and purchase transactions with your bank statement

• To manage multiple banks in one place

📋 Steps to Add a Bank Account in GPOS

✅ Step 1: Go to the Accounting Module

1. Log in to your GPOS dashboard.

2. From the side menu, navigate to the “Accounting” module.

3. Under Accounting, click on “Banks”.

✅ Step 2: Open Bank List

1. A list will appear showing all the existing bank accounts.

   • Columns include: S/L | Name | Action

2. From here, you can manage, edit, or delete existing bank accounts.

3. To add a new one, click on the “Add Bank” button.

✅ Step 3: Enter Bank Details

1. Fill in the required fields:

   • Bank Name (e.g., City Bank, Standard Chartered)

   • Account Number

   • Branch Name

   • IFSC / Routing Number (if applicable)

2. Add additional details like opening balance if required.

✅ Step 4: Save the Bank Account

1. After entering the details, click on “Save”.

2. The new bank account will now appear in the Bank List under:

   • S/L | Name | Action

🔐 Important Notes

• Only authorized users with Accounting access can add or modify bank accounts.

• Each bank entry is logged for audit purposes.

• Once created, the bank account can be used for Receipts, Payments, and Contra entries.

🎯 Tips

• Always double-check bank account numbers before saving.

• Use clear bank names (e.g., “City Bank – Current Account”) to avoid confusion if you have multiple accounts.

• Update closing balances regularly for accurate reconciliation.

By following these steps, you can easily add and manage bank accounts in the GPOS Accounting module, ensuring smooth financial tracking and reporting.