Enter Direct Deposit Transactions
A direct deposit is a transaction that occurs when funds are deposited in your account through an electronic transfer.
Examples of these types of transactions include contributions by members for pledge and monthly tuition payments.
If you need to split the deposit among general ledger accounts, use the Split Credit or Split Debit options.
You can select the different accounts for the deposit and enter the amount for each account.
- Under Manage Records, select the Transactions tab.
- In the drop-down list, select General Ledger Transactions and click Go
.
- Click Add/Edit Transactions, then Add.
- Select Direct Deposit as the Transaction Source.
- Enter a checking account, or click Lookup
to select an account.
- Verify the post month and year are correct. Click the up and down arrows to change the posting period.
- Optional: Select Autofill Text? to display text from previous transactions in the memo field. When adding additional transactions and entering text in those fields, entries from the previous transactions in the session display in a drop-down list.
- If the transaction is a reconciled transaction, select Reconciled.
- Enter a reference number, deposit date, the total amount of the deposit, and a memo.
- Select a General Ledger account to credit. Click Lookup
- Click OK.