Add a bank account for each foreign currency

Article • 4/27/2026 • 3 min read

If you work with multiple currencies, you should create a separate bank account for each currency. Any bank account without a currency assignment uses the functional currency set up in the General Ledger (CSGL) page. See Related Topics.

Once you add an account, you cannot change its currency or remove the account.

To add a bank account for each foreign currency

  1. Open the Accounts Payable (CSAP) page.

    a. Select Utilities > Company Setup > Module Setup > Accounts Payable.

    Or

    b. Search for CSAP or Accounts Payable in the Navigation box and then select Accounts Payable.

    The Accounts Payable (CSAP) page appears.

  2. Click the Bank Names tab.

  3. On the child toolbar, click New.

    The Bank Detail page appears.

  4. In the Bank Name field, enter the name of the account.

Add Currency and GL Account Details

  1. Select the currency to use:

    a. Click the Currency Lookup Reference.

    The Lookup For Currency window appears.

    b. Select the row that contains the required currency, and click Select.

    Or, double-click the row that contains the required currency.

  2. Specify the GL account to use:

    a. Click the GL Account No Lookup Reference.

    The Lookup For GL Account No window appears.

    b. Select the row that contains the required GL account, and click Select.

    Or, double-click the row that contains the required GL account.

  3. Set as Default or Inactive or EFT Enabled:

    a. Select the Default check box to make this account the default account if you have multiple accounts.

    b. Select the Inactive check box if you want to inactivate this account. You cannot delete an account once it’s created and there are transactions.

    c. Select the EFT Enabled check box if you require Electronic Fund Transfer. See Set up Bank/EFT Account Information.

  4. Enter the check details:

    a. Select the Check Enabled checkbox to enter the check details in the Check Details section. This section appears only when you select the Check Enabled checkbox.

    b. In the Next Check Number field, enter or select the required value.

    c. Select the check layout to use:

    i. Click the Check Layout Filename Lookup Reference.

    The Lookup For Check Layout Filename window appears.

    ii. Select the row that contains the required check layout, and click Select.

    Or, double-click the row that contains the required check layout.

    d. In the Number of Detail Lines field, enter or select the required value that specifies the number of lines to fit on a page before printing on the next page.

    e. In the Number of Detail Stubs field, enter or select the required value that specifies the number of check stubs to print.

  5. On the Toolbar, click Save to save your changes.

    If the selected GL account is already used for another currency, a warning message is displayed and Made2Manage prompts you for confirmation. Click Yes to save changes.

    Or

    Click Cancel to discard the changes.

​