Accounts Receivable                     Payment Processing                     How to Create a Regular Payment Batch

How To Create a Regular Payment Batch (continued)

Deposit a Payment Batch

Once all payments have been entered the batch may deposited into a bank account. 

Located on the Make Deposit form is a checkbox labeled Single Deposit in GL.  If this checkbox is selected, and your company is operating under multiple branches and customer payments contained within the payment batch being deposited are in multiple branches, the program will post one debit entry to the GL for the bank account where the deposit is being posted.  If this checkbox is not selected, a debit entry to the G/L will be made to the bank account for each branch found in the payment batch.

Follow the steps on the following pages to deposit the payment batch into a bank account.

FRM 4035-1

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