Hi Sharie,
If the purpose of the transaction is to have it reflected in Bank Rec... there are a number of options you can take depending on what's needed.
Please note that entering in General Ledger directly will not back-update the submodules... it should be the other way around (i.e. posting in submodules update GL).
Examples:
1. Transactions >> Financial >> Bank Transactions: check / withdrawal / increase adj / decrease adj can be entered to update both Bank Rec and GL; receipts can be entered as well, but they need to be deposited (with receipt) first before they update the checkbook balance
2. Transactions >> Financial >> Bank Deposits: deposits with receipts and deposits without receipts can be entered here
3. Payables checks generate check records (i.e. updates Payables, Bank Rec, GL)
4. Receivables cash receipts generates receipt records (i.e. updates Receivables, Bank Rec, GL)
------------------------------
Gerald Buenafe
Owner/Consultant
BTP Technologies LLC
CHANTILLY VA
------------------------------
Original Message:
Sent: Nov 22, 2019 02:00 PM
From: Sharie Trumble
Subject: Journal entry & deposits
I am not sure how the journal entries work. example: I posted a journal entry to record a deposit but it does not show when I go to do the bank rec. So I have done a "deposit without receipt" also so that I can reconcile. Will this mess up my books? If this is wrong how do I do this? Example of entry is a sale of of equipment.
#GeneralLedger
------------------------------
Sharie Trumble
Pre-Cast Haulers, Inc.
Bellevue NE
------------------------------