Accounts Receivable Payment Processing How to Create a Negative Payment Batch
How To Create a Negative Payment Batch (continued)
Deposit a Negative Payment Batch
6. To begin the Deposit process, navigate to the Accounts Receivable module and select the Make Deposit menu option or navigate to the Accounts Receivable module and select the Payment Processing menu option. This will open the Payment Processing Batches list. Make certain the Ready checkbox is selected to the left of both payment batches then press the Deposit button located at the bottom of the form.
7. The Make Deposit form will be displayed. The User must populate the required fields on this form:
Deposit Date - Today’s date will default into this field.
Single Deposit in GL – Select this option.
Branch – This field will be grayed-out.
Bank Account – Select from the drop-down list which bank account will be used to deposit the payment batches.
Description – The User may enter up to 50 characters of text to describe the payment batch.
Print Deposit Ticket – By default this option is selected. If the User does not want to print the deposit ticket report after the Save button has been pressed, un-check this option.
Once the above selections have been made, check the box to the left of the payment batches that will be included in this deposit. Press the Save button located at the lower right of the form to post the deposit to the bank and print the deposit ticket.
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