Bank Accounts
Before you can record a payment or move funds around, you need to tell Sevenledger where that money lives. The Bank feature lets you create the account ledgers that will appear in every “Deposit To” or “Paid Through” dropdown across the system.
And it’s not just for traditional bank accounts — you can also set up Cash Drawers, Petty Cash funds, or digital wallets like eSewa and Khalti.
Adding a New Account
Navigate to Accounting > Cashflow > Bank and click New.
Account Details
- Name: Give it a clear, recognizable name (e.g., “Nabil Bank - Current” or “Store Petty Cash”).
- Account Number: (Optional) Enter the actual bank account number for your internal records.
Status Configuration
- Status: Keep this checkbox checked to make the account active and visible. Down the road, if you close a bank account, just uncheck this to hide it from dropdowns — your historical data stays safe and untouched.
Save
Click Save. The account is immediately available for use in Payments and Transfers.
Important: This creates a system ledger representing your bank account. It doesn’t connect directly to your bank’s API for a live feed. You’ll record transactions manually or import statements to keep the balance accurate.
Where Does This Show Up?
Once created, this account appears in:
- Payments Received: As a “Deposit To” option.
- Payments Made: As a “Paid Through” option.
- Cash Transfer: As a Source or Destination for internal fund movements.