The transactions are classified under their corresponding accounts. However, with the possibility of changing banks in the near future, I wasn't sure if I should clarify the bank.
Hello,
Yes. Typically your bank would be setup as a Vendor because they provide a service (your bank account) that you typically pay for (maintenance fees).
Even though they are listed as a vendor, you can still record income from them such as interest and post it to the correct income account of your choice.
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