50.4 Marking Cleared Deposits

Typically, most companies have a small number of deposits on one bank statement. For this reason, bank deposits must be marked manually when they clear the bank. The Bank Deposits is used to mark cleared deposits.

After the screen is displayed, QUERY and FIND the deposits shown on your bank statement. Place the screen in UPDATE mode by pressing the UPDATE <F4> button.

TAB to the Cleared Bank field and enter the date shown on your bank statement (this date must match the one you use to mark the cancelled checks).

Press the STORE <F5> button to record your changes. The screen switches to the detail portion. If you have more deposits to mark, press the NEXT <F7> button and QUERY your next deposit.