Bank Accounts

Overview

Manage every bank, cash, and digital wallet account your organization uses - all in one place.

While Chart of Accounts organizes your overall accounting structure, Bank Accounts is where you manage the actual bank, cash, and wallet accounts your organization uses day to day - creating them, checking balances, and reviewing activity.

Overview

At the top of the page:

  • Total Balance Across All Accounts - combined balance of all active accounts

  • Total Accounts - how many accounts exist

  • Active Accounts - how many are currently active

Account details

Each account shows:

  • Account Name

  • Bank / Account Type

  • Account Number (where applicable)

  • Current Balance

  • Opening Balance

  • Primary Account Status

  • Account Purpose or Tag (e.g., "Salary")

How to add a new account

  1. Click + Add Account.

  2. Select the Account Type: Bank Account, Cash, Petty Cash, Digital Wallet, Credit Card, or Bank OD / OCC (overdraft/cash credit).

  3. Enter the Account Name (e.g., "HDFC Current Account").

  4. For bank accounts, add the details: Bank Name, Account Number, IFSC Code, Branch Name, and SWIFT/BIC Code (only needed for international wire transfers - this prints on your invoice PDF).

  5. Enter the Opening Balance and confirm the Currency (defaults to INR).

  6. Toggle Active on or off - inactive accounts stay hidden from most account pickers elsewhere in PrimeHR.

  7. Toggle Set as Primary Account, if this should be your main account.

  8. Click Add Account.

Managing an account

For any account, you can:

  • Edit Account - update its details

  • View Statement - see its full transaction history in Bank Book

  • Delete Account - 2019 remove an account you no longer need

And here's the small addition to close out the Bank Book page, now that Image 1 confirmed the Export button:

Exporting the statement (add to the end of the Bank Book page)

  1. Click Export in the top-right corner.

  2. Choose your preferred format from the dropdown.

  3. The statement downloads for offline use or record-keeping.