This screen allows you to:
Make deposits by processing the transactions items on the deposit report that was printed previously.
Before you begin:
Select the Make Deposit option on the Deposit Menu. The Deposit Menu is a submenu of the Accounting Menu. The Accounting Menu can be located on the RMS Main Menu. You will want to be satisfied with your credit card charges report and your printed Undeposited Funds Report prior to processing deposit entries.
This process will move money from cash clearing to the escrow account. If you were to run a trial balance after processing this report, your cash clearing should equal zero. The amount posted and processed should equal the amount you have to put in the bank.
Prompt descriptions…
Trans to Deposit: [All], [Cash/check] or [Credit Card]
Select [All] to process all entries including cash/check and credit cards.
Select [Cash/check] to process only cash and check type entries.
Select [Credit Card] to process only credit card type entries. You will be given the option of which credit cards to process.
Select [Exit] or [Continue]
Select [Exit] to return to the Deposit menu without processing any transactions.
Select [Continue] to continue with process of deposit entries.
Select [Yes] or [No]
Select [Yes] to process.
Select [No] to abandon processing of deposit entries.
If you get the message prompt "Cash deposit list file not found to open", you do not have any entries to process. The deposit entries may have already been processed or you may have not entered any payments. You will also get this message prompt if you fail to run the previous reports that are needed to create the list of entries to deposit.