Bank Deposit

Overview Agvance is designed to post payments received from customers to a holding account other than checking often called Cash on Hand or Undeposited Cash . This holding account accumulates the incoming money (paid on account, cash sales, or...

The following outlines how to clear a line from the Bank Deposit window without affecting the General Ledger. It is recorded as an entry that can be reversed at the Select a Deposit  window. Tag the line item(s) under the Post column not t...

For payments not appearing on the Bank Deposit screen when adding a Bank Deposit at Accounting / G/L , use the following process. Select Add on the Bank Deposit window to add one or more manual line items to the grid. Enter a check number...

Many Grain users are accustomed to waiting to post Grain checks until the end of the month. These checks are often deposited into the bank prior to the Grain posting. Since the posting has not yet been done, these Grain checks will not show on the ...

A Cash in Bank preference is available to give companies more flexibility in managing their deposits. This preference allows the Make a Deposit screen to default to an account other than the location's default checking account. To set up th...

Some companies use the undeposited cash account as the petty cash account. Occasionally the undeposited cash account is used to pay out cash for incidentals (postage, etc). These transactions can be recorded on the bank deposit screen using the fol...