QUESTION:

How do I add a direct deposit?


RESPONSE:

Transaction Type of Direct Deposit indicates SchoolCash Online payments deposited into bank account. These batch deposits display in the Reconciliation module and would not require entry.


A direct deposit should be added at the time of Monthly Reconciliation. Using the bank statement as reference:

From Main Menu > Reconciliation

  1. Click Add Record tab
  2. Date: use date on bank statement
  3. Transaction Type: Direct Deposit
  4. Description: Enter reason for direct deposit
  5. Amount: Use credit entry in amount indicated on bank statement
  6. Click Save