Record and correct a deposit

Money came in that is not a customer payment, such as an owner contribution or interest.

Track

Where money sits

Phase

Explain other money

Starts with

Unexplained money

Ends with

Deposit with its reason

The situation

The register must go up, and the books must say why. Mistakes must be fixable.

Accounting clicks New Deposit on the register.

AccountingSystem

1
Accounting enters the date, the account that explains it, the amount, and a memo
Accounting
For QuickBooks registers, the account balances the entry there too.
2
Accounting clicks Record Deposit
Accounting
This is the key moment of the journey: the money now has a reason. This is the key moment of the journey.
3
The register goes up and the account shows the movement
System
QuickBooks sync is queued when linked.
4
A wrong account or amount is fixed with Edit deposit, or removed with Delete deposit
Accounting
Deleting reverses the register and accounting balances.

Accounting

Owns money movement, registers, and reconciliation.

System

Automates emails, matching, reminders, and sync.

Accounting

Edit deposit and Delete deposit on each manual deposit.

Why: Fix a wrong account or amount.

Every deposit says why the money came in, and can be corrected without leaving a wrong balance.