How to set up a virtual bank account?

How to set up a virtual bank account?

This guide explains how to set up a virtual bank account in Xero and correctly link it correctly in AimyOne.

Setup in Xero
  1. Go to Accounting → Bank Accounts
  2. Click Add Bank Account
  3. Choose any bank and select “Other”
  4. Select “I don’t have online banking set up” or enter a placeholder number (e.g. 000-000-0000000-00)
  5. Enter a easily identifiable name, such as 'Subsidy Clearing - Virtual Bank' or 'Ezypay Clearing - Virtual Bank'
  6. Click Save and repeat for each payment type
Setup in AimyOne
  1. Go to Finance Settings → Account Codes → New Account Code
  2. Match each virtual account name exactly to the Xero account name
  3. Click Save


NB: Each payment source requires its own virtual bank account set up in Xero and AimyOne.

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