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Banking > Bank deposits
You can create a bank deposit transaction to record the receipt of multiple customer payments that you want to deposit as a single transaction in your bank account (such as the day’s check, credit card, or cash takings).
Before you record a bank deposit, you need to post the payments to a temporary holding account (known as an Undeposited Funds account) until you create a bank deposit. To do this, select the Group with Undeposited Funds option in the Receive Money or Receive Payments windows when you record a payment.
To prepare a bank deposit
1
Go to the Banking command center and click Prepare Bank Deposit. The Prepare Bank Deposit window appears.
2
In the Deposit to Account field, select the account into which the funds selected in the Prepare Bank Deposit window will be deposited.
a
In the Select Receipts by field, select Payment Method.
b
In the adjacent field that appears, select one or more payment types. (For credit cards, select one or more credit card types.) Only payments made using that method are listed.
6
Select the receipts you want to include in the bank deposit by clicking in the Deposit column next to them. Alternatively, if you want to select or deselect all receipts, click () at the top of the Deposits column.
7
[Optional] If you need to enter an adjustment transaction—for example, to record credit card transaction fees or to keep part of the deposit as cash—click Deposit Adjustment. The Bank and Deposit Adjustments window appears.
8
In the Fees and Cash Back and/or the Adjustment for Excess Funds fields:
d
Type a description in the Memo field and complete other fields as necessary.
e
Click Record.
9
Click Record to record the bank deposit.
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