How to Record a Bank Deposit from Undeposited Funds
- 37 steps |
- 3 minutes
1
Navigate to Brokerage Engine.
Close the Transaction
2
Click "Pending" under the "Transactions" tab.
3
Click the Action button to open the desired transaction from the list.
4
Click "Commission Detail"
5
Click "COMPLETE"
6
Click "OK"
Upload Transaction to Accounting
7
Click "Upload to Accounting"
8
If you select "Yes" from the dropdown menu under the statement "Post the Deposit", then the deposit will be posted directly into the account, in this case it would be the 1000 Commissions Account Checking.
9
Click "No" if you want to send the deposit to the "Undeposited Funds" account.
10
Click "OK"
11
Click "OK"
Navigate to Undeposited Funds
12
Click "Accounting" to navigate to the Brokerage Engine Accounting module to post the deposit from Undeposited Funds.
13
Click "Banking"
14
Click "Deposits"
15
Click "New Deposit"
16
Select the account you would like to deposit to. Depending on the account you choose the "Balance" field will show you its current balance.
17
Click "1005 - Operating Account"
