How do I add a direct deposit?
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
- Click Add Record tab
- Date: use date on bank statement
- Transaction Type: Direct Deposit
- Description: Enter reason for direct deposit
- Amount: Use credit entry in amount indicated on bank statement
- Click Save