LA GL - Deposits: How to record the sale of CD for Restricted funds (CD not tracked in Logos)

How to record the sale of CD for Restricted funds (CD not tracked in Logos)

Select Deposit Assistant.

Fill in the batch header information including Deposit Date and Reference (optional).

The Check Account at the top is the actual bank account into which the deposit was added. Each Income Account/Amount used denotes the restricted account that portion of the deposit is going to.

Post the Transaction to update the General Ledger.

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