Bank Transactions

Features and Functions of Bank Transactions

• Receipt - Records any payment term given to you by a customer, such as checks, credit cards, cash, or bank transfers
• Payment to supplier - Issues a payment to suppliers, allocates payments to open purchase invoices, and automatically prints the check
• Deposits - Enables you to deposit cash, credit cards, or checks to the bank
• Deferred checks - Automatically displays the deferred checks that should be deposited that day
• Checks for payment - Issues checks for vendors, employees, or other creditors — and can write and print a check and update the creditor balance accordingly
• Reconciliation - Gives you fully automatic bank reconciliation, so you can reconcile debit versus credit transactions or reconcile your data with your bank's records