Deposits with one total to bank ledger

KWevick

We are trying to use the deposit form to post out deposits. It works great except for one minor issue, on the Cash Receipt Journal you can post each deposit and the applications, but then use a separate line for total receipt to the bank. This makes bank reconciliations much easier. With deposits, it works like having a balance account for each line on the CR Journal. Is there any way to set this up? The header has all the info needed. NAV 5.0, U.S.
Thanks,
Karen Eve

Alex_Chow

The standard Deposits screen only creates 1 bank ledger entry per deposit batch.

KWevick

Thanks Alex. I found the documentation and this is true as long as you don't have 'Force Doc. Balance' checked on the Journal Template. The client had it checked, resulting in multiple bank ledger posts per deposit. What I am trying to understand now is how to reverse the application of a check if it bounces. There is documentation, but I need to actually read it (vs. skim), then maybe it will work. So far, nothing. Perhaps another setup.
Karen Eve

themave

KWevick wrote:

Thanks Alex. I found the documentation and this is true as long as you don't have 'Force Doc. Balance' checked on the Journal Template. The client had it checked, resulting in multiple bank ledger posts per deposit. What I am trying to understand now is how to reverse the application of a check if it bounces. There is documentation, but I need to actually read it (vs. skim), then maybe it will work. So far, nothing. Perhaps another setup.
Karen Eve

your over thinking it, a bounced check should not be reversed. it should be posted as it own entry. you can do it on the cash receipt journal. A bounced check is a separate transaction,

KWevick

Thanks for all the info. There is an 'unapply' function that was introduced with release 4.0, which also does a reversal. I haven't used it yet, so I don't know all the ramifications. I've spent most of time with NAV focused on manufacturing and distribution, but am starting to support the finance area more and more. Therefore, I'm going through a little learning curve. Thanks.