Setting up additional bank accounts

Within Alto, you can create additional bank accounts for your branches.

 Note

You will need access to System Administration, to edit your default settings. Your appointed Group Administrator will have access to these permissions

This article includes: 

Create the bank account

  1. Click Tools on the main toolbar
  2. On the side menu, under System Tools, click System Administration
  3. Click Client Bank Accounts
  4. If the Bank Name and Branch Name don't appear in the list, click Add Bank Branch 
    1. In Bank Name, select the correct Bank from the dropdown menu
    2. In Bank Branch Name, type the branch name
    3. Type the Sort Code for the branch into each field
    4. Type the Postcode for the Branch then add the Name/Number or Enter Manually
    5. Click Create
    6. Continue to add the remaining information as listed in steps 5.1-5.3 below
  5. If the Bank Name and Branch Name appears in the list, click Add Account in the first column
    1. In Client Account Number, type in the Account Number of the bank account
    2. In Client Account Name, type in the name of the client account
    3. In Description, type the building name to which the account applies
    4. Scroll down and click Create

Associate the bank account to a Branch

  1. Click Tools on the main toolbar
  2. On the side menu, under System Tools, click System Administration
  3. Click Branches
  4. Click Edit next to the branch which you want to use the new bank account
  5. Scroll down to the bottom of the page and click Branch Client Accounts
  6. Alongside the Bank Account you created, click the empty radio button and it will turn blue
  7. Scroll down and click Save

 Note

If you want the new bank account to appear on every new landlord and property record, also click Include On New Properties and Include On New Landlords. The Default for Branch field should only be selected on your main client account and only be selected on one Bank Account 

Related articles:

Assigning bank accounts to a landlord

Assigning bank accounts to a property

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