Adding Bank Entries

You use the Bank Entry screen to enter and post bank-related transactions, such as bank service charges or mortgage and loan payments.

Important! If you add a bank entry by clicking the Bank Entry button on the Reconcile Statements screen, you must click the Calculate button on the Reconcile Statements screen before saving the reconciliation. If you do not click Calculate, an error message appears.

To add a bank entry:

1. Do one of the following:

   • Open More > Bank Services > Bank Entry.
   • On the Reconcile Statements screen or the Reconcile OFX Statements screen, click Bank Entry.
2. Enter header information for the bank entry. More...
   1. In the Entry Number field, accept the *** NEW *** entry.
   2. In the Entry Description field, enter a description for the entry.
   3. In the Bank Code field, use specify the code for the bank for which you are processing the entry.

      Note: This field is not available if the detail-entry grid includes a distribution. You must delete the distribution, first.)

   4. In the Bank Entry Type field, select Withdrawals (to record a payment or another type of withdrawal from the account) or Deposits.
   5. In the Payment Type field, specify the method of payment.
   6. If you selected Credit Card as the payment type, click the Context Menu button beside the Payment Type field, and then use the Credit Card screen to enter details for the credit card.
   7. Select the bank entry date.
   8. If the Currency field is available and you need to change the currency for this entry, specify the appropriate code. For more information, see Bank Entry Screen.

3. On the table, enter distribution details for the bank entry.

   Note: If the Bank Options screen specifies a default distribution code, the table automatically displays the first distribution detail. You can accept or edit the detail, or you can delete it by selecting the line, and then clicking Delete Line.

   Create distribution details using a distribution set

   1. In the Distribution Set field, specify the distribution set code.
   2. Click the Create Distribution button to add details to the table.
   3. Edit the details, or add new details directly on the table.
   4. Click Save.
   Add details directly on the table

   • If you selected a blank line, specify the distribution code and then enter the remaining information for the detail.
   • To start a new line, click Add Line.
   • To insert a new line in a particular location, select the line above the location, and then click Add Line.
4. Click Save.
5. Click Post.

Last published: 4/8/2016