Deposit Slips

All receipts with Cash or Cheque payment types are recorded in a virtual cash account (Account 115) until the final destination of the money is defined:

  • Deposit to physical cash (Account 111)
  • Deposit to bank
  • Used for expense payment

💼 How to process a deposit slip?

Go to:
Accounting > Deposit Slips > Process Deposit Slip

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📋 Steps to follow:

  1. Select the co-owner
    → The pending cash receipts will appear in the receipt grid

  2. Select the receipts that were used in the transaction you are going to record

  3. Specify the destination of the money:

    • If it was deposited in physical cash or bank:

      • Select the destination account
      • Enter the total amount of cheques (if applicable)
      • Enter the total amount of cash

    • If it was used to pay an expense:

      • Select the option “Has Expense”
      • If the expense already has a recorded invoice:
        • Select “With Supplier Invoice”
      • Enter the amount used for the payment

  4. After filling out the form according to the case, click Proceed

✅ This process ensures that the balance in Account 115 is properly allocated to its final destination and that the accounting reflects reality.