As you can see in the following screenshot, status activation has three options: Active for all transactions, Inactive for new transactions, and Inactive for all transactions. To access the cash and bank status activation window, navigate to Cash and bank management | Bank accounts | Bank accounts. Click on Edit or double-click to open the bank form under the General fast tab:
The three options for status activation are explained in detail as follows:
- Active for all transactions: This means that a bank account is active and available for all transactions.
- Inactive for new transactions: This means that no new transactions can be posted for a bank account. The existing transactions that have not been finalized yet, such as pending payments, will still take place as they were originally posted.
- Inactive for all transactions: This means no transactions, either new or existing, can be processed for a bank account.