Difference between revisions of "The banking journal"
From Catalyst
(→See Also) |
(→See also) |
||
| Line 21: | Line 21: | ||
* [[How do I Create a Nominal Code?]] | * [[How do I Create a Nominal Code?]] | ||
| − | {{KB_Tags|Month, end, journals, accounting, vat, audits, daybook, bank}} | + | {{KB_Tags|Month, end, journals, accounting, vat, audits, daybook, bank, banking, cashing up, cash, up}} |
{{KB_NL}}{{ZN_Accounts}} | {{KB_NL}}{{ZN_Accounts}} | ||
Revision as of 10:31, 8 January 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 Cash Book Entry".
- Enter your bank nominal code into "Centre:" and press <Enter>.
- The "Money In/Out:" should be set to 'I'.
- Enter the date you are paying in the money.
- 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'.
- Enter the amount banked for each centre into the "Amount:".
- In "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.
- Press <Esc> and <Accept>.
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?
