Company A wants to create an expense control account for its sales department. With this functionality, the company can create a cash flow to manage the inflows and outflows of money from this department.
In the My Companies area, select the company you want.
In the Financial Management area, select the Custom Accounts tab.
Select the Add Custom Account option.
Fill in the fields to customize the account according to how you want to use it:
- Account Name;
- Type of Account (Escrow Account, Time Deposit, Loan, etc.);
- Currency;
- Available balance;
- Opening accounting balance.
Click on Create.
And that's it! You've just added your first personalized account to nBanks. You can now start benefiting from faster and more efficient team and department management.