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Bank Accounts Full Account number

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Accountant for multiple small entities
171 Points Posted on 28 June 2023
Hi Sir or Madam

As part of entering account numbers in tally we are showing full bank account number in the ledger name

please advise is it correct accounting practice in view of any confidentiality issues as we share our balancesheets to several third parties on necessary basis

Thanks in advance
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On 28 June 2023 at 13:14 Report
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62 Points Posted on 28 June 2023
In Leger Name Show Name of the Bank, then below they will ask for A/c no., etc. there you enter bank account number, branch, ifs code, etc.
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On 28 June 2023 at 13:22
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"Do the Right Thing...!!!"
128152 Points Posted on 28 June 2023
As per Your question, better to avoid full account number.

Simply create name like - Canara Bank CA No. 1234
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On 28 June 2023 at 20:44
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ACCOUNTS MANAGER
2213 Points Posted on 21 July 2023

 

There has a option you can type full account number below under the groups while creating a new account no. also having the options like ifsc & BSR code. so you have an option available, it helps to avoid writing with a ledger name .  

 

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On 21 July 2023 at 12:52


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