How Do I Record a Transaction That Wasn't Banked? UK

How Do I Record a Transaction That Wasn't Banked? UK

There are 2 steps to this process that are expanded upon below:

  1. Recording RECEIPTS NOT BANKED
  2. Recording the BANK DEPOSITS later
     

1. RECORDING RECEIPTS NOT BANKED:

  1. Choose the Account you need to record your receipts in.
  2. . Click on the [Money In] tab
  3. Enter your Receipt(s), in full, by completing the Day, Customer, Details, Receipt Number (if applicable), typing the amount(s) in the Total Receipts column, and allocating the receipt(s) to a specific customised column.
  4. Ensure to place the entry amount(s) into the “Receipts Not Banked” column.
  5. You will see a total at the bottom of your “Receipts Not Banked” column. This is the money you have not banked.

 

2. RECORDING THE BANK DEPOSITS LATER:

  1. When in the Money In section; Enter the bank deposit, in full, by completing the Day, Customer, Details, Receipt Number (if applicable).
  2. Type in a “zero” amount in the Total Receipts Column (you have already received the money).
  3. Allocate that “zero” amount to the specific customised column.
  4. In the BANK DEPOSITS column, type the exact amount of the deposit and press enter.
  5. The Bank Deposit amount will automatically “minus” out the Receipts Not Banked.
  6. The Bank Deposits and Receipts Not Banked column “totals” will automatically update at the bottom of those columns.", 

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