So for bank that makes sense, setup a bank and then attach accounts to it. Presumably as it belongs to the company, I would choose “Is Company Account” and ensure my company is in “Company” on the right hand side?
That takes care of bank accounts, but what about Company Credit Cards? I.e. for internet purchases or supplier payments (where majority of payments occur)? This should map to current liabilities on the balance sheet (<1 year liability).
Thanks for your link, and I am not sure, how to set up a credti card account, and also I could do bank reconsalidation. since it is a liabliity account.