This article describes the option that allows adding new bank accounts and interest rates, as well edit existing bank accounts and interest rates within the Accounts section of Unity Practice Management

How To Access This Option

1. Open the Accounts program.
2. Click the maintenance icon:
3. Double click the Bank Accounts option.

How To Add A Bank Account

1. Click the New Account  button, a new pop up window will display.
2. Click the dropdown to select from a list of existing banks and building societies.
   • • To set up a new bank or building society click New. This will enable another pop up window where you can enter the details.
3. Select the account type.
4. For Deposit accounts only, you are required to select a matter code. Enter a matter code manually or search for a matter code by clicking the ellipsis.
   • Remove the tick from the checkbox if it is not the main Deposit account.
5. Enter the Account name.
6. Enter the Account number.
7. By default all new bank accounts will be made available for reconciliation. Remove the tick from the "Can Reconcile?" checkbox to override this.
8. Click OK .
9. Select the date opened and closed (closed not mandatory).
   • It is recommended that if a closed date is entered, then the "Can Reconcile" box should be unticked.
   • A new Deposit Accounts report has been added - the default setting for this report will allow you to print out a complete list of all deposit accounts (including balances) showing the open & closed dates.

How To Edit A Bank Account

1. Select a bank account. A pointer in the left hand column indicates which record is currently selected.
2. Click Edit Account and a new pop up window will display allowing you to edit the details.
3. Click OK when finished.

How To Add A Set Of Interest Rates

1. Click the Banks & Interest Rates tab.
2. Select a bank:
3. Click New Rates and a new pop up window will display.
4. Select an interest change date.
5. Click the plus symbol and a new blank record will appear.
6. Enter an amount into the Lower Limit field.
7. Enter an amount into the Upper Limit field
8. Enter a rate.
9. Click the plus symbol to add further records.
10. Click OK

**It is important you do not leave any gaps between interest rates. In the example below the first rate ends with an upper limit of £999. Yet the next record only has a lower limit of £1000. This means that amounts between £999 and £1000 have no interest rate allocated to them. Altering the £999 upper limit to £999.99 would solve this**

How To Edit A Set Of Interest Rates

1. Click the Banks & Interest Rates tab.
2. Select a bank:
3. Select an interest change date.
4. Re-enter the new information.
5. Click Save Changes .

How To Delete A Set Of Interest Rates

1. Click the Banks & Interest Rates tab.
2. Select a bank:
3. Select an interest change date.
4. Click Delete Rates .