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Bank Deposits

The Bank Deposit option allows for the entry of daily bank deposits for previously entered cash applications and miscellaneous cash receipts. Accounting transactions are not generated through this option. There is only the relationship of checks and cash to a specific deposit which is then used in bank reconciliation.

Available Actions

Using

Adding

Changing

Printing

Voiding

Bank Deposits Fields

Checking Account	The checking account where the cash receipts are being deposited into.
Deposit	The identifying number for this deposit is automatically incremented.
Period	The period of the deposit. This field will default to the current period when adding deposits.
Year	The year of the deposit. This field will default to the current year when adding deposits.
Amount	The amount of the deposit will be calculated automatically from the selected cash applications and miscellaneous cash receipts.
Over/Short	The amount of cash over or under when reconciling the actual invoice amount paid to the net cash received. The amount entered here will post to the account specified in the cash/over under account in Ledger Options.
Deposit Amount	The net deposit amount if different than the actual total. This is how you adjust the actual deposit for the amount of money added to your cash drawer or deposited from your cash drawer. The difference will post to the cash drawer account in Ledger Options.

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