Functionality of Bank Accounts
Create and manage several bank accounts together. You can add more accounts to your bank accounts page other than petty cash and savings.
Creating new Bank Account
Go to wp-admin → accounting → chart of accounts and click on Add New.
From the form select Assets – Bank & Cash. When you select this, automatically a field for account number and name of the bank will be created. Fill these fields with necessary information.
Hit Add Account when done.
Now go to wp-admin → accounting → bank accounts and scroll down to see that the account has been displayed.