Enter or change transactions for check and deposit summary memos

You can create and update transactions for check and deposit summary memos on the
Enter Transactions
screen. Access this screen through
Actions
to manage all related transaction entries and changes.

Enter a transaction for check or deposit summary memos

There are 2 main types of summary memo transactions:
  • Check summary memos:
    These consolidate printed checks, handwritten checks, and payments from the Enter Transactions screen.
  • Deposit summary memos:
    These compile deposits from the Enter Transactions screen and AR deposits from the Enter Deposits screen.

Transaction entry process

Follow these steps to enter a transaction for a check or deposit summary memo:
  1. Select
    Actions
    , then
    Enter Transactions
    .
  2. Select the client from the client selection field.
  3. Select either
    Check summary memo
    or
    Deposit summary memo
    in the
    Transaction Detail
    section.
  4. Select the bank account, journal, and posting period for the transaction.
  5. Enter a reference, transaction date, and description.
  6. Review the
    Distributions
    tab. The system automatically includes:
    • For check summary memos
      : printed checks, handwritten checks, and payments from the
      Enter Transactions
      screen.
    • For deposit summary memos
      : deposits from the
      Enter Transactions
      screen and AR deposits from the
      Enter Deposits
      screen.
  7. Exclude unwanted transactions by highlighting the row and deleting it.
  8. Add any relevant notes on the
    Notes
    tab, if needed.
  9. Save the transaction.

Change a transaction for check or deposit summary memos

After you save a transaction for a check or deposit summary memo, you can change the following elements:
  • Transaction Detail section:
    • Reference
    • Date
    • Description
  • Distributions tab:
    • Delete transaction rows
  • Notes tab:
    • Add new notes
    • Change existing notes
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