How to bank client payments to a bank account

This function allows you to update your bank account and petty cash account balances. When you view the previous transaction lines of a client, payment lines are shown as received lines. When these lines are banked, they are shown as banked lines.

Click on TRANSACTIONS on the main menu
Click on BANKING
Click on DAILY BANKING
Select the payment type to be banked by clicking on one of the following options:  
·         ALL  
·         CASH  
·         CHEQUES  
·         CARDS  
·         TRANSFERS  
·         OTHER

You can also bank individual lines:
      Select the line
      Click on SELECT

A window will appear where you have to select the account to which the deposit should be made:  
·         BANK ACCOUNT  
·       PETTY CASH ACCOUNT

OR Click on theicon on the toolbar

Bank lines
Click on this button to view previous lines banked to the bank account.

Petty cash balance
Click on this button to view the current petty cash balance.

Petty cash lines
Click on this button to view previous lines banked to the petty cash account.

Each payment line in a debtor’s transaction has a status. When you edit a payment line you can change the status of the line. If a payment line is added to a transaction, the status will be: ’not banked’. If you do the banking, it will automatically change to: ‘banked’. If you do not want to bank the payment, change the status to: ‘not a payment’.

Also see Microvet accounting: How to add a bank account
Also see Microvet accounting: How to add a petty cash account
Also see How to set up Microvet defaults