How Do I Change The Default Date For Receiving Money In Sage 50

How to input a eolith slip in Sage l?

In real life, when you receive a cheque or cash from your customers, you may not be able to deposit them immediately. Most of the time, you lot'll put the money and cheque in a box or drawer and deposit them later or even the next twenty-four hours.

Past understanding how deposits works in a existent life situation, you'll be able to mimic the same process in Sage 50.

If you don't run to your banking company immediately subsequently your customers pay y'all, when you do the receipt, you volition not debit your bank account right away. Instead, you can put the money temporary to an account called 'Cash or cheque fix to be deposited'. If y'all don't have an account similar this setup, create i in your Nautical chart of business relationship and make sure the form is bank or cash, so it will be listed as one of the selections in the 'eolith to' box of the receipt window.

When you want to print the deposit slip from Sage 50 before going to the banking company, you lot tin open the deposit input window by clicking the Make Deposit icon in the Cyberbanking module. In the input screen, the Business relationship box higher up the Cheques and Greenbacks sections is for the 'deposit to' account. You will select your banking company account at that place. If you only need to deposit cheques, click the Select button in the Cheques section.

Information technology will bring up another window called Add Cheques to Deposit Slip, where you lot tin can select the 'deposit from' account. You will put the 'Greenbacks or cheque ready to be deposited' account there. After y'all select the cheques and click the add push to move them from the upper tabular array to the lower table, click Ok and it volition bring yous dorsum to the deposit input window. By clicking 'procedure', the entry will credit the 'Cash or check set up to exist deposited' account and debit your bank account.

If you follow the suggestion above, you'll no longer see any strange deposit entry showing a balance for both the deposits and withdrawal columns in the bank reconciliation window. On peak of that, you will have a better tape of when the customers' cheques were received verses when the deposits were actually made.

Hope everyone has no more than headaches working with eolith slips in Sage 50. Meet you next time.

Regrets are an inevitable part of life, and so are errors. To have fewer regrets nigh bank deposit errors:

After printing, merely earlier hitting 'Process', click 'Save instead. When you get back from the bank and all went well, open the eolith once more, and click Procedure.

If all *didn't* go well, such every bit one of the cheques was not signed, or was dated in the future, or was misrecorded, you accept an opportunity to fix your bank deposit to match the bank teller'due south correction earlier information technology's 'bandage in stone'.

Source: https://www.sagecity.com/ca/sage_50_accounting_ca/b/sage_50_ca_supporthub_blog/posts/how-to-input-deposit-slip-in-sage-50

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