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Bank Deposits

  • 1.  Bank Deposits

    Posted 21 days ago
    Is it possible to set up the ability to select a range of checks to make a bank deposit that post to the bank reconciliation?​

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    Lisa Davis
    Henry County Water Authority
    McDonough GA
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    Digital Acceleration Binge Day January 28, 2021 | 11:00 AM to 2:00 PM EST


  • 2.  RE: Bank Deposits

    TOP CONTRIBUTOR
    Posted 14 days ago
    Hi Lisa,

    Yes, Dynamics GP has ability to select rang of checks to make a deposit like a lump sum deposit.

    In this scenario I have two cash receipts to deposit, mark them and click Post.

    In Bank Reconciliation, you will see the Deposit amount of $40.
     Have a great day!

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    Cecile Dinh
    GP Admin at ARC (Airlines Reporting Corp.)
    GPUG Chapter Leader - Washington, D. C.
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    Digital Acceleration Binge Day January 28, 2021 | 11:00 AM to 2:00 PM EST


  • 3.  RE: Bank Deposits

    Posted 12 days ago
    Thank you for your response.  I understand how to click and add multiple items to make the deposit.  I guess I should have been more specific as my issue is that we can have several hundreds of items that make up one deposit, so clicking each item one at a time is time consuming.  If I had the ability to select a range it would save me a lot of time.  Thank you  ​

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    Lisa Davis
    Henry County Water Authority
    McDonough GA
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    Digital Acceleration Binge Day January 28, 2021 | 11:00 AM to 2:00 PM EST


  • 4.  RE: Bank Deposits

    TOP CONTRIBUTOR
    Posted 12 days ago
    Take a look at this feature. We pre-create a cash receipts batch for each deposit.  (We have 100s of cash receipts in a day that make up a single deposit) Then when the batch posts we get one deposit per batch. It takes some process training as the Cash Receipt batches now become equal to the deposits.
    https://community.dynamics.com/gp/b/dynamicsgp/posts/mdgp2016-rm-auto-post-cash-deposits
    If for some reason this does not work for your process, I'll tell you what we did before GP2016 because no one wants to go in and click a thousand cash receipts to create a single bank deposit. Same deal in cash apply, we have one customer who makes $250k payments covering 10,000 SOP invoices. No one wants to go into Apply Sales Docs and click 10,000 boxes!

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    Thaddeus Suter
    Retus, Inc
    HELOTES TX
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    Digital Acceleration Binge Day January 28, 2021 | 11:00 AM to 2:00 PM EST


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