Setting up additional bank accounts

Within Alto, you can create additional bank accounts for your branches. These bank accounts can also be used for custodial deposits or deposit accounts for DPS, TDS as well as other schemes.

This article includes: 

• Create the bank account
• Associate the bank account to a Branch

Create the bank account

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

Related articles:

Assigning bank accounts to a landlord

Assigning bank accounts to a property

Adding bank details for the agency bank account