STORIS Accounting includes a Check Processing feature. When creating checks to pay AP bills, the system requires a check print bank. After you specify a Company on the General tab in the Enter/Update Individual Vendor Invoice routine, the default check print bank appears at the Bank field. You can accept the default bank provided by the system, or you can enter a check print bank directly. The system contains several control settings where you can specify a default check print bank, as described below.
STORIS uses the following hierarchy to determine the default check print bank that appears at the Bank field on the Check Processing tab in the Enter/Update Individual Vendor Invoice routine:
The Print Bank field in the Payables Control Settings is mandatory. Thus, the system can always find a default check print bank. The Vendor Remit-To Settings is applicable only if you have set up multiple remit-to addresses for one or more vendors.
If using Multi-Company Processing, the system uses the following hierarchy to determine the default check bank. The Default Check Print Bank field in the Company Settings is mandatory (and the Print Bank field in the Payables Control Settings clears and inactivates). The system accepts only banks associated with the selected company on the bill for which you are printing a check. Therefore, if a default check bank exists for the vendor remit-to or vendor associated with the selected AP bill, that bank must be associated with the selected company (via the Bank Settings). Otherwise, the system uses the default bank associated with the selected company.