Chapter 13 - Creating Deposits

Helpful Hints

1. First verify appropriate bank account (e.g., General checking, etc…) in upper right of Tab
2. The last transaction entered for the account selected will display
3. Select “New” and then “Yes” to create/add a new deposit
4. Select appropriate date (click calendar box, select date if default not applicable)
5. Enter appropriate dollar amount (Tab out or click mouse in memo field)   
6. If Escrow account used, ensure appropriate Property ID is assigned
7. If Escrow transaction, system will automatically enter Property ID, property address and dollar amount in memo field (Always work from the property record to initiate a deposit transaction)
8. Enter applicable Credit General Ledger account(s)
9. System will not allow selection of G/L account that is assigned to a bank account (e.g., 1010, 1030, etc…)
10. If Escrow account, default Escrow Liability G/L account [e.g., 2500] will automatically be entered