FrontAccounting forum — Two current accounts

Re: Two current accounts

null@example.com (durgamahesh) — Wed, 01 Aug 2012 08:42:12 +0000

Sure Joe. Thanks.

-Mahesh

Re: Two current accounts

null@example.com (joe) — Wed, 01 Aug 2012 08:19:14 +0000

This is more a matter of Accountancy help. Please contact a local Accountant.

/Joe

Two current accounts

null@example.com (durgamahesh) — Wed, 01 Aug 2012 05:06:36 +0000

Hi,

My company operates 2 current accounts. One bank current account for local currency receivables and another bank current account for non-local currency receivables. How do I structure my COA in FA?

I created one current account in Banking and General Ledger -> Maintenance -> Bank Accounts using 1060 Checking Account.

How do I setup my another current account?

Please help as I'm new to the accounting system.

Thanks,
Mahesh