Bank Reconciliation > Bank Disbursements > Record Bank Disbursements

To record bank disbursements, perform the following steps:

1.Access the Record Disbursement function from the Transactions Menu of the Bank Reconciliation module.

2.The Bank # field automatically displays the bank account records available for use in the Bank Reconciliation module. Select from the list the bank's code for whom you want to record this receipt transaction.

Alternatively, manually enter in this field the characters of the bank # or bank account description. Select from the search result list the bank # that you want to use.

3.Set up the transaction code, required settings and general information about this bank transaction by selecting and entering values on the fields and options in the Information Page. Refer to the Information Page section for a detailed discussion on these fields and options.

4.To view and amend the GL Account IDs used when recording a bank disbursement, access the GL Distribution Page. Refer to the GL Distribution Page section for a detailed discussion on the GL Account IDs.

5.To enter a narrative description about the bank disbursement, access the Remark Page. Refer to the Remark Page section for a detailed discussion about recording a remark that you want to include in this bank transaction.

6.To save the bank disbursement, click the Save button in the Transactions toolbar; otherwise, click the Cancel button to remove all the settings made or click the Close button to exit from this function without saving your settings. After the process is complete, the system will display a message window informing you that the transaction is recorded and show the transaction number. Click Ok to close the window and return to the Record Disbursement function tab.

Record Bank Disbursements

Record Bank Disbursements

See Also