The Banking Report

To create a Banking Report select File > Maintenance and Reports to open the Maintenance window, then go to the Daily Chores page.

Click on the Daily Banking Report button to view the current batch.

If You Bank Every Day

If you bank every day, then you just need to click on the Print button at the very top left to print out the report. You will be asked how many deposit slips you would like printed. Usually, you would select 2 - one for the bank and one for your own records. You will also be given the option to print EFTPOS and direct deposits (ie. banking that isn't taken to the bank) on a separate page.

A separate report is generated for each bank account.

With the report in hand you should now reconcile it against what you have in the till.

Note: If a receipt has been recorded as the wrong type e.g. a cheque instead of cash, you can double-click on the relevant bank record and correct this.

Once you have reconciled, simply click on the Seal This Batch button. This seals off the current batch so that any further receipts will go into the next batch.

If You Don’t Bank Every Day

If you don’t bank every day but still want to reconcile the till, follow the procedure detailed below.

On Day 1:

Print the report and reconcile it with the till.

Then click the Reconcile button to mark the displayed records as having been reconciled.

Bundle the monies with the bank deposit slip

On Day 2:

Click on the Show Unreconciled radio button to display everything that has been receipted since you reconciled on Day 1.

Print the report and again reconcile with the till.

Click the Reconcile button again to mark Day 2 ’s records as having been reconciled.

Bundle the monies with the bank deposit slip

Day 3 (Banking Day):

Click on the Show Unreconciled radio button to display everything that has been receipted since you reconciled on Day 2.

Print the report and again reconcile with the till.

Click the Show Entire Batch radio button to display all receipts for Day 1, 2 and 3.

Click the Seal This Batch button.

Take your 3 bundles of deposits to the bank.

If You Forget To Seal

Click Show Until Date, enter the date the banking was meant to be sealed, then click Seal This Batch. If you then close out of the banking report and go back in, only today's banking will be listed.

Show Totals: Gives the total of each payment type without detail.

Print Payment & GST Report: If you bill GST, this shows the breakdown of GST in the batch. This is only used if you bank GST separately.

Note: This is NOT the GST report used for taxation purposes, that is located in File > Maintenance & Reports: Practice Analysis.