Entering Bank Directs
Transactions that have not yet been recorded in Jiwa but have been processed at your bank account can be entered as Directs. There are different transactions that can be entered:
- General Ledger transactions - receipt or payments directly to a General Ledger account code
- Debtor Receipt - monies received from debtors. Allocations to outstanding invoices can be made in the entry
- Debtor Payments - monies paid to debtors
- Creditor Receipt - monies received from creditors
- Creditor Payment - monies paid to creditors. Allocations to outstanding invoices can be made in the entry
- Opening Transactions - unpresented cheques and outstanding deposits that are included in the opening General Ledger balance for the bank account and are yet to be processed at the bank. These would normally be entered in you first bank reconciliation
System settings impact the Directs as follows:
- AllowGSTAmountOverrideForDirects - allows users to type in the GST amount for direct transactions
- IndependentPosting - controls the grouping or otherwise of entries posted to the General Ledger
- DirectTransactionDuplicateReferenceWarn - when ticked, warns if there is a Direct Transaction already existing on that form with that Reference
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