Bank Deposit
Bundle receipts into a bank deposit to clear Undeposited Funds and update your bank balance.
Overview
-
Consolidate undeposited funds (cash/checks/payments) into a bank account.
-
Converts “Undeposited Funds” balance into a specific bank ledger balance.
-
Supports partial cash back (e.g., deposit check, take petty cash).
Where to Access
-
Accounting → Bank Deposit
-
Click Add New.
Key Attributes
Header
-
Date/Time : Deposit timestamp.
-
Account (Bank Account) : Destination bank.
-
Amount : Sum of included items (auto-calculated).
-
Currency / Internal Notes : Context and multi-currency.
Lines – From Undeposited Funds
-
Received From (customer/vendor/employee)
-
Date / Type / Payment Method
-
Memo / Ref No. / Amount
Lines – Add Funds Manually
- Received From / Account / Description / Payment Method / Amount
Cash Back
- Cash back goes to (account), Memo , Cash back amount.
Key Functions
-
Build a deposit from listed Undeposited Funds items (check the rows to include).
-
Add funds manually for miscellaneous receipts if needed.
-
Record cash back for petty cash withdrawals at deposit time.
-
Save to post the deposit and clear Undeposited Funds.