Using multiple bank accounts from multiple institutions is no issue for your FINSYNC profile. To set default bank accounts in FINSYNC, go to Profile Settings, select Banking, scroll to Default Bank Accounts, and choose an account for each purpose. Different default bank accounts can be set for different aspects of your business with ease.
FINSYNC lets you set your default bank accounts for the following:
- Landing (Account) - This is the account that your Banking tab defaults to when you first click it.
- Income (Receive Payments) - When a customer pays you, your money will go to this account.
- Expenses (Send Payments) - This is the bank account where funds will be withdrawn when you pay bills through FINSYNC. Note: You can override this default on a per-bill basis. When using Send Payment, select the desired bank account from the drop-down menu on the payment screen.
- Payroll (Fund Payroll) - This is the account from which funds will be withdrawn in order to pay your employees.
- Billing (Pay FINSYNC Charges) - This is the account that will be automatically billed for your FINSYNC subscription and transactional charges.
How do I set my default bank accounts in FINSYNC?
1. Within the FINSYNC Business Platform, hover over the Company Profile Icon in the top right-hand corner and click Profile Settings.
2. Select Banking from the top menu.
3. Scroll down to Default Bank Accounts and use the drop-down menus to select which accounts are designated for each purpose.
4. Make sure to click the Save button at the bottom of the page when you are finished to apply your changes.
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