i.e. I’d pay a certain supplier typically from my companie’s PayPal (Asset of type “bank”) I’d choose the PayPal form my CoA in that field?
I have noted you can not select an account of type ‘Cash’ in there. I wonder why though (only of cash payments where illegal which I don’t believe they are (even though I guess we are moving in that direction generally)
Hi @vrms, were you able to figure this out? pls share the solution you have adopted. We have the exact same requirement, i.e…, to store supplier’s bank account. It makes sense to use the “Bank Account” document as a Supplier will have multiple bank accounts, rather than add a bunch of custom fields at supplier level.
As far as I have gotten in the understanding this field in question is an account from your Chart for Accounts which is of the Type “Bank”.
So practically this would be the bank account you typically use to transfer money to a supplier, or receive funds from a customer.
Limitation here is: you can not put any other account (like a ‘cash’ account) here. I am not sure whether this has any real implication in an accounting transaction, so I do not know whether there is any actual benefit from
existence of that field
limitation to putting a CoA account of Type “bank”
I have one concrete case where this limitation does not allow me to use the “bank account” doctype (because the account the company uses to pay is actually cashing in cash into a bank account).
There was a recent discussion on the matter of allowing other CoA accounts then of type “bank” in the Accounting developers telegram group (and most feedback was like “should be ok, to be more tolerant (especially as this is not an accounting entry really)”.
So if we push this a little more there may be a chance to get this (tolerance of account type) into v12.
Oh, yea … and we need someone to write the code (seems not too many ppl having really an issue with the status quo, so not much motivation to do the work) or gather funds to pay someone to do this. I (with very, very, limited understanding of code) believe this may not be a huge amount of code actually.