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Bank Accounts

This document provides a step-by-step guide for managing Bank Accounts in the Exigo Admin portal.

Overview

Bank Accounts in Exigo store the banking information used for commission payouts, ACH transactions, and other financial operations. Each bank account includes contact details, address information, and account numbers. You can configure multiple bank accounts for different currencies or regions, and define custom bank account types to categorize them.

Accessing Bank Accounts

Navigation Path

1. Log in to the Exigo Admin portal.
2. Navigate to Administration > Settings.
3. Click the ACCOUNTING SETTINGS tab.
4. The Bank Account section is displayed near the top of the page, listing all configured bank accounts.

Viewing Existing Bank Accounts

The Bank Account section displays a list of all configured bank accounts as clickable links. Click any bank account name to view or edit its details.

Below the bank account list, the ADD NEW BANK ACCOUNT link allows you to create a new entry.

Bank Account Types

The Bank Account Type section appears directly below the Bank Account list. It defines the available account type categories that can be assigned when creating or editing a bank account.

Default types include:

Type
Checking
Savings
Loan
Credit Card Provider
Personal
Business

Click ADD NEW BANK ACCOUNT TYPE to define additional custom types.

Adding a New Bank Account

To create a new bank account:

1. Click ADD NEW BANK ACCOUNT in the Bank Account section.
2. The Bank Account Setup dialog opens with two tabs: Contact and Account.

Contact Tab

The Contact tab captures the bank's identifying and address information.

Field	Description
Description	A friendly name for the bank account (e.g., "USD Operating Account")
Bank Name	The name of the banking institution
Contact	The name of the bank contact person
Account Type	Dropdown to select the account type (Checking, Savings, etc.)
Currency	The currency associated with this account (e.g., Dollars (US))
Company	The company name on the account
Address	The bank's street address (two lines available)
City	The city of the bank
County	The county (read-only, auto-populated)
State	Dropdown to select the state
Country	Dropdown to select the country
Zip	The postal code
Phone	The bank's phone number
Fax	The bank's fax number
Email	The bank's email address

Account Tab

The Account tab captures the financial account identifiers needed for transactions.

Field	Description
Account Number	The bank account number
Routing Number	The bank's routing/transit number (used for ACH transfers)
Bank Code	An additional bank identifier code (e.g., SWIFT/BIC code)

1. Fill in the required fields on both tabs.
2. Click ADD BANK ACCOUNT to save, or CANCEL to discard.

Editing an Existing Bank Account

To edit an existing bank account:

1. Click the bank account name in the Bank Account list on the Accounting Settings page.
2. The Bank Account Setup dialog opens pre-populated with the account's current information.
3. Make the desired changes on the Contact or Account tabs.
4. Click Save to apply changes.

Best Practices

• Use descriptive names for each bank account (e.g., include the currency or region) to easily identify them in lists.
• Create separate accounts per currency if your company operates in multiple countries to keep payout processing organized.
• Keep account types current by adding custom types that match your organization's financial structure.
• Verify routing and account numbers carefully, as incorrect values can cause payout failures.

System Notes

• Bank Accounts are accessed from Administration > Settings > Accounting Settings > Bank Account.
• Each bank account is assigned a unique system ID automatically.
• Bank accounts are referenced by other features such as commission payout configurations and check templates.