Creating Daily Deposits

In order to get monies from the Undeposited Funds account and other GL accounts, you can run a deposit by going to Banking > New > Deposit.  The first popup you receive contains all of the Receipts to Deposit that currently reside in Undeposited Funds.  You have the option to select all or you can use the post fetch filters to narrow down the list toa specific date, payment type, etc. Click the items you wish to include on this deposit then click OK.

The chosen items will display in the New Deposit screen

Choose the appropriate bank account, change the date if desired, and enter any header memo you wish to enter. If there is an amount of cash received that was not entered into the undeposited account via some other process, you can click on the line below the last detail line and click on the … to choose the GL offset you wish to post this cash to.  You will not choose the undeposited funds account here as this will create a credit to this account that will show up in the popup on your next deposit.

The chart of accounts will appear and you can select the appropriate account to credit with this cash (the debit will go to the bank account selected above).

If any cash is being held back for any reason, you can enter the cash back amount at the bottom along with the cash back account being debited with this amount and any memo you would like to add.

If you need to pull more items from the undeposited funds pop up you can click on the View Undeposited Receipts button.  Once the deposit is complete, click one of the Save buttons to complete the deposit.