How to Create a New Bank in GoFreight?

In the GoFreight system, only Admins and General Managers can create or edit the Bank List. Users in other roles must obtain approval from an Admin or General Manager before a GoFreight support agent can grant them this permission.

You can create a bank in GoFreight to record your transactions. Follow the steps below to set up a new bank:

1. Navigate to Settings > Accounting > Bank List on the navigation bar.
2. Click on the green "+" button to add a new bank.
3. Enter the bank name (e.g., Bank of America).
4. Select the corresponding G/L code (General Ledger Code) for the bank (e.g., 10200).
5. Note: Each bank must have its own G/L code. The default G/L code is 10200. To create a new G/L code, please refer to the guide How to Create a G/L Code?. Choose the Revenue Default option to make this bank available in the dropdown list of the Received Payment Module.
6. Select the Cost Default option to make this bank available in the dropdown list of the Make Payment Module.
7. Click Save to complete the process.

Note: To ensure the accuracy of your financial reports, please assign different G/L codes for each bank.