Accounting & Bookkeeping & Small Business Forum

[MarkA]

We have an issue where if you deposit 4 checks from 4 different customers on one deposit, the bank statement will have the total deposit amount, but when you go to Account Reconciliation, the deposit shows up as the 4 line items. It is difficult to match the bank statement to one amount in the reconciliation. Is there a way to have the Account Reconcilation show up as the total deposit amount instead of the individual items that made up the deposit?

[Bryancpa]

Take a look at your preferences. You have selected the option that takes each receipt directly into the bank account rather than batching the receipts to one deposit. Select the batch option, and it start running the receipts through a Cash on Hand account, and then drawing from that to make a deposit.

[DaniS]

45406781 wrote: We have an issue where if you deposit 4 checks from 4 different customers on one deposit, the bank statement will have the total deposit amount, but when you go to Account Reconciliation, the deposit shows up as the 4 line items. It is difficult to match the bank statement to one amount in the reconciliation. Is there a way to have the Account Reconcilation show up as the total deposit amount instead of the individual items that made up the deposit?

Actually if you enter all of your invoices and not pay from the invoice but then go to "reciepts".. enter the customer name and the amount paid but leave the receipt number blank. Then go to "Select for deposit" and you will see all of your reciepts.. you can than click on the ones that were deposited together at the bank.. just make sure the numbers at the bottom match up to your bank receipt. If it doesn't then there was a problem with the invoices. Then when you go to reconcile it will show up at one amount with a deposit ticket amount.