The Cash Receipts module provides the user with the ability to post cash revenues to the general ledger and allocate those revenues to the desired account codes.
As with other modules in AptaFund, the Cash Receipts module allows you to allocate revenues to multiple account codes and provides the ability to process revenue receipts in batches.
Once approved, a cash receipt batch appears in the bank account register window as a deposit in the appropriate bank account.
Cash receipt batches cannot be split between bank accounts.
Only account codes related to the bank account selected for the batch may be used to allocate funds for receipts in the batch.
An error message will be generated if the user selects an account code that contains an element not associated with the selected bank account.
General ledger accounts are associated with a bank account’s element values using Bank Account Management.
The cash receipt amounts flow automatically to the general ledger.
The amount deposited is displayed in the Bank Account Register window and is available for reconciliation.
Click on the links for instructions for each step.
Create a cash receipts batch.
Submit the batch.
Approve the batch to write the transaction directly to the General Ledger.
Version
4.1 © 2018 - Harris School Solutions - All rights reserved