How to: Enter Cheque Deposits ≡

Important Note

  • There are 2 ways to enter the cheque deposits. 

Cheque deposited separately: 

  1. Click the Accounting icon in the navigation menu
  2. Click the Invoices tab
  3. Click the Add Invoice button in the ribbon
  4. Fill out the form below starting with a Vendor from the dropdown list
    Note: Balance must be $0.00 and empty rows are not permitted. Enter the cheque amount as a negative, and mark the payment as a direct debit.
     
  5. Finish by clicking the Save Changes button in the ribbon

Cheque deposited with your day-to-day deposits:

  1. Click the Accounting icon in the navigation menu
  2. Click the Petty Cash tab
  3. Click the Add Entry button in the ribbon
  4. Fill out the form below starting with the Reference Tag text field
    Note: Empty rows are not permitted. Enter the cheque amount as a negative number.
     
  5. Finish by clicking the Save Changes button in the ribbon
NOTE:  Depending the method of daily cash balancing (DSR or Daily Entry), an offsetting entry will need to be made with the Petty Cash entry to balance for that day.
  • In DSR enter the amount as a positive with the Actual Deposits cell.
    •
  • In Daily Entry enter the amount as a positive in the Cash Deposit category.