Difference between revisions of "The banking journal"
From Catalyst
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== More Information == | == More Information == | ||
| − | Go to {{Menu|{{NL}}|Journal Entries | + | Go to {{Menu|{{NL}}|Journal Entries}}. |
| − | * | + | * At {{DataPrompt|Entry mode}}, choose {{DataValue|Cashbook}}. |
| − | * The {{DataPrompt|Money | + | * The {{DataPrompt|Money in/out:}} should be set to {{DataValue|In}}. |
| − | * Enter the | + | * Enter your bank nominal code into {{DataPrompt|Centre}} on the highlighted line on the list. |
| − | * | + | * On the next line: |
| − | * | + | ** In the {{DataPrompt|Centre}} column, enter the centre to take the money from, e.g. for cash banked, type {{DataValue|Z900}}; for cheques banked, type {{DataValue|Z901}}; for credit card receipts, type {{DataValue|Z902}}. |
| − | * In {{DataPrompt|Comment}}, enter the paying-in slip reference number and the word "CASH" or "CHEQUES", or the date that the credit card receipts were actually taken. | + | ** In the {{DataPrompt|Date}} column, enter the date you are paying in the money. |
| − | * Press {{KeyPress|Escape}} and {{KeyPress|Accept}}. | + | ** In the {{DataPrompt|Credit}} column, enter the amount banked for each centre. |
| + | ** In the {{DataPrompt|Comment}} column, enter the paying-in slip reference number and the word "CASH" or "CHEQUES", or the date that the credit card receipts were actually taken. | ||
| + | * Press {{KeyPress|Escape}} and {{KeyPress|Accept}} to post the journal. | ||
== See also == | == See also == | ||
Revision as of 16:24, 14 February 2014
Summary
This article describes how to journal takings into the bank.
- Cash and cheque receipts should be journalled into the bank when you are filling in the paying in book.
- Credit Card takings should be posted into the bank using either the bank statement or the Z-read from the credit card machine. Decide which one you are going to use and stick to it.
More Information
Go to " Nominal Ledger Journal Entries".
- At "Entry mode", choose 'Cashbook'.
- The "Money in/out:" should be set to 'In'.
- Enter your bank nominal code into "Centre" on the highlighted line on the list.
- On the next line:
- In the "Centre" column, enter the centre to take the money from, e.g. for cash banked, type 'Z900'; for cheques banked, type 'Z901'; for credit card receipts, type 'Z902'.
- In the "Date" column, enter the date you are paying in the money.
- In the "Credit" column, enter the amount banked for each centre.
- In the "Comment" column, enter the paying-in slip reference number and the word "CASH" or "CHEQUES", or the date that the credit card receipts were actually taken.
- Press <Esc> and <Accept> to post the journal.
See also
- Reconciling your bank account
- How should I handle takings?
- What should I consider at month end?
- How to process a month end
- How do I Create a Nominal Code?
