Entering purchases using the Bank Register

The Bank Register allows you to quickly and efficiently enter all your transactions for asset accounts with checking privileges or liability accounts with credit card privilege from one window. You can also view a complete transaction history for a selected date range of each of these accounts and open the source window of each transaction for more detailed information.

While the Bank Register is quick and convenient, it is not appropriate for every purchase transaction. Keep these points in mind:

• If a transaction uses more than one account, you cannot use the Bank Register. Enter the purchase in the Purchases window, following the procedure described in Entering purchases.
• A Purchase that is entered in the Bank Register window is always a Miscellaneous purchases layout and is a closed -- paid in full -- transaction (purchase and payment).

The data entry area appears in the bottom portion of the window and the top portion displays the transactions in a scrollable list.

Note: The Bank Register is not a transaction window

The Bank Register simply offers a streamlined method for recording purchases. When you enter an Enter Purchase transaction in the Bank Register, it is as if you had opened, entered and recorded the information in both the Sales window and the Pay Bills window.

The Purchases window has fields for more information than does the Bank Register. You can click the Split button in the Bank Register window to open the Purchases window and enter more detailed information.

Whether you use the Bank Register or the Purchases window to enter the transaction, it is the Sales and Pay Bills windows that display when you open the recorded transaction from the Bank Register, Sales Register or Find Transactions windows.

The list in the upper left corner of the Bank Register window displays only asset accounts with checking privileges and liability accounts with credit card privilege.