Set Up Default Bank Account

To set up a default bank account to use for tracking sales or purchases, or for payroll checks:

1. In the Home window on the Setup menu, click Settings.
2. Choose the module for which you want the default bank account (Vendors & Purchases, Customers & Sales, or Payroll), and then click Linked Accounts.
3. For the Vendors & Purchases, or Customers & Sales bank account, select the bank from the drop down list in the Bank Account To Use column.
4. For the Payroll bank account, select Incomes, then choose a bank in the Principal Bank field.

Now, each time you open a sales invoice, purchase invoice, or paychecks window, the default bank account appears in the bank account field (and the associated revenue or expense is assigned to the identified bank account).