PSA L&P - Deposits: How to enter a deposit

How to enter a deposit

  1. Click Deposits.
  2. The deposit information page will open to a new deposit. If you have a deposit displayed and want to enter a new one, click New Deposit in the top left corner.
  3. Choose the bank account from the Bank Account drop-down list.
    The software automatically adds the next sequential Deposit Number and the current Date to their respective fields.
  4. If different, change the deposit date to the actual date of the deposit.
  5. Enter a comment that describes the deposit.  This comment will print on reports and help
    you to identify specific deposits.
  6. In the first row of the line items, choose an account (usually from the Income, Restricted
    Income, or Dedicated Account list).
    Note:  If your organization uses the GAAP Compliance option, deposits of restricted funds should be posted to the appropriate Restricted Income Account.
  7. Enter the amount of the deposit.
  8. If the line item applies to a project, select the name of the project.
  9. To add more line items to the deposit form, click the More Lines link. 
  10. Once you're done, click Submit





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