Pending Deposit Account

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Create a New Company

 

You're required to enter Company Name and type of business (retail)

 

Then skip any other wizards.

 

The Chart of Accounts will  look like this:

 

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Then, Choose Banking >> Make Deposits

 

You get a prompt that there is No Bank setup, do you want to set one up now?

 

Setup the bank and bank name with a chart of account (1000) number.

 

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Then you choose Banking >> Make Deposit.

 

There is still no Acct 12000.

 

But if you choose:

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And Save & Close; a new 12000 Chart of Account (Pending Deposits) is created.