<![CDATA[FrontAccounting forum — Using a Bank Clearing Account with a Live Bank Feed]]> https://frontaccounting.com/punbb/viewtopic.php?id=9172 Tue, 26 Jan 2021 04:49:06 +0000 PunBB <![CDATA[Using a Bank Clearing Account with a Live Bank Feed]]> https://frontaccounting.com/punbb/viewtopic.php?pid=39035#p39035 I just took over AP for a retail store and their previous bookkeeper did things as if it was still 1980.

Is there any point in using a Bank clearing Chart of accounts? and then moving it later (I suppose that is what you do?)

I set up the software to have the bank auto feeding into the account, and deposits are generally cleared in one day. Is there any point in still using a bank clearing?

]]> Tue, 26 Jan 2021 04:49:06 +0000 https://frontaccounting.com/punbb/viewtopic.php?pid=39035#p39035