Deposit Button

The Deposit Button is used to actually process the selected deposit.  When the deposit button is pressed, the system does the following.

      The total amount of the batch in local currency is removed from the selected cash clearing account and deposited into the selected deposit account.

      The AR Check Records in the Batch are updated with a unique deposit number.

      An AR Summary Deposit Record is created in the Bank File to record the total amount of the deposit.  The Summary Deposit record in the Bank file has a reference number that is the same as the deposit number used to update the customer check records.

      A deposit report is output showing the journal entry used to post the transaction and the deposit number assigned by the system.

      The batch that was just deposited is cleared from the program.


Imaging Button