Skip to main content

Legal

Tax & Accounting

Trade & Supply

Risk & Fraud

News & Media

Books

Developers

Enter accounting transactions

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.
tip
To manage the number of transactions displayed in the transactions list:
  1. Select a primary filter:
    • Journal
    • Posting period
    • Bank account
  2. Further refine the displayed transactions and select
    Filter
     in the upper-left corner of the screen.

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.
important
You can only create these transaction types when the
Enter Transactions
 screen is in Journal mode.

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.
    note
    These options are only available when the
    Enter Transactions
     screen is in
    Journal mode
    .
  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.
    note
    The system automatically calculates the total amount. You can't manually change this total.
  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
    note
    Make these changes outside the
    Distributions
     tab.
  • Distributions tab:
    • Delete transaction rows
    important
    You can't change information for individual transactions on this tab.
  • Notes tab:
    • Add new notes
    • Change existing notes

This article applies to:

  • Product: Accounting CS
  • Subject: Journal entries

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close