Deposit Menu

 

This screen allows you to:

Select a Deposit option to perform.

 

Before you begin…

Choose the Deposit Menu from the Accounting Menu on the main menu of your RMS.

 

Item Descriptions…

           

Print Deposit Report:

The deposit report lists payments posted in RMS.  You can run this report as many times as you want prior to processing deposit entries.

 

Process Deposit Entries:

Once you are satisfied with the deposit report, process the deposit entries.  Process the deposit entries to move all the transactions from the clearing accounts to the escrow account.

 

Void Deposit Entries:

Use Void Deposit Entries if you have found a mistake in your deposit after you have processed the entries.  The total deposit amount will be voided.  Any correction can then be made and the entire deposit must be processed again.

 

Reconcile Deposits:

The Reconcile Deposits option allows you to check your RMS deposits with the deposits listed on your bank statement.  Use Reconcile Deposits after you have received your bank statement(s) to confirm the deposits by changing them from "outstanding" to "reconciled".

 

Print Deposit Register:

The Deposit Register lists the deposit totals during the dates entered.  A detail or summary report will print.  Print a Deposit Register to keep on file.

 

View Deposit Register:

The Deposit Register lists the deposit totals during the dates entered.  You may view a detail or summary report for the dates entered.

 

Credit Card Charges:

The Credit Card Charges option prints reservation information for credit cards that need to be charged.  This option is normally run once a day.  The Credit Card Charges report lists what credit card charges you should enter in your bankcard machine.  Running this report will process your credit card entries. 

If you are using ICVERIFY with the RMS automatic batch processing module, the credit card charges report has additional options to create a request file for your bank and process the answer file from your bank.