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Setting up and editing the studio bank

Updated

In this article you will learn how to create, assign, edit and remove the bank accounts of your studio.

Contents

Quick Guide

  1. Open Settings / Finance / Studio bank.
  2. Select Create studio bank account at the top right.
  3. Enter the bank details and select Save.
  4. To change or delete an existing account, open the three-dot menu at the end of its row and select Edit bank account or Remove bank account.

Prerequisites

Your role needs the permission Manage studio bank (category Settings, subcategory Finance).

Check your studio bank details regularly. Your payment runs can only be collected correctly if the bank details are complete and correct.

Create a studio bank account

  1. Open Settings / Finance / Studio bank.
  2. Select Create studio bank account at the top right.
  3. Fill in the fields (see Fields in the dialog below).
  4. Select Save.

The new account appears in the Studio bank table. Use the Current facility selection above the table to show the accounts of other studios.

Studio bank overview with the Create studio bank account button

Edit or remove a studio bank account

  1. Open Settings / Finance / Studio bank.
  2. Open the three-dot menu at the end of the account's row.
  3. Select Edit bank account to change the details, or Remove bank account to delete the account.

Three-dot menu with Edit bank account and Remove bank account

Fields in the dialog

Field Description
Bank account holder Name of the account holder.
IBAN IBAN of the account. If you only have the bank code and account number, select Enter bank code / account number to enter these instead.
BIC and Credit institution BIC and name of the bank.
Creditor ID Your SEPA creditor identifier, required for direct debits.
Posting account Posting account of this bank account in your accounting.
Bank clearing account Clearing account, if you process bank transactions via a clearing account. More details: New logic for processing bank transactions via a clearing account.

Depending on the IBAN you enter, additional fields for Swiss payment procedures can appear.

Select Advanced settings to show further options:

  • Dismissal reason configuration: the dismissal reasons used for bank transactions of this account.
  • Splitting of debit files: select this if your bank sets a transaction limit for direct debit files. Then enter the maximum number per file in Transaction limit. If the limit is exceeded, you receive several files per payment run.
  • Process payment run as collective posting: the payment run is posted as one collective posting.
  • Booking date for automated processing: defines which posting date is set when transactions are processed automatically, for example when account statements are synchronized.

Studio bank account dialog with bank details and advanced settings

Tooltip of the Splitting of debit files option

Assign collection, deposit and payout accounts

The card at the top of the page shows which bank account your studio uses as Collection account, Deposit bank account and Payout bank account. To change the assignment, open the three-dot menu of the card, select Edit bank account assignment, choose the accounts and save.

Note: This article was created with the help of artificial intelligence and editorially reviewed.

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