Enabling Notional Bank

A notional bank exhibits the same features as a normal bank account, created under the group Bank Accounts. You can create a notional bank account when you are:

     Unable to decide the bank to which the post-dated cheques received are to be deposited, while creating the post-dated transactions.

     Manually converting the post-dated cheques received.

     Unable to determine the bank to which the post-dated cheque is to be deposited.

To enable notional bank

1.    In F11:Features > Accounting Features, enable the option Set/alter Post-dated transaction features to Yes.

2.    Select the bank account for transacting with post-dated cheques.