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Bank Transactions

 

 

 

Banking

 

 

Banking in Q6 is designed to provide the most conveniences to our client. Under Banking Module, you may find out

                                                                                                                                                                                                                                                                    

 

1.Bank Account: The first active Bank Account under Account List has been selected by default. User may select other account from the drop down list or create new account.

2.Date From: This by default is 30 days before today’s date. If user accidentally input Date from after Date to date, there is a reminder of “Your Date from Time must be no great than your Date to Time!”

3.Date To: This is the end date when user wishes to search, which has been defaulted as today’s date.

4.Search: After user finalises the search criteria; clicking this button will perform search function in the following bank transaction list.

5.Date: This is the date when transaction was generated.

6.Reference No: This is the unique number for each transaction with system assigned prefix.

7.Memo: Memo in General Ledger.

8.Debit & Credit: In one transaction, total debit and total credit would be displayed in General Ledger, except tax.

          All fields in General Ledger would be maximum two decimal places. 

9.Withdrawal: Credit Amount in General Ledger.

10.Deposit: Debit Amount in General Ledger.

11.Reconciled: Each transaction would be ticked after user has reconciled.

12.The most recent transaction would be always on top of the list.

13.Manage Account: there are four actions under this function button.

           

a.Spend Money:  Once user clicks Spend Money function, new transaction page will show with selected Bank Account.

b.Receive Money: Once user clicks Receive Money function, new transaction page will show with selected Bank Account.

c.Transfer Money: Once user clicks Transfer Money function, new transaction page will show with selected Bank Account. 

d.Reconcile Account: Once user clicks Reconcile function, new transaction page will show with selected Bank Account. 

e.Recurring Banking:

14.Edit & Delete: User may Edit or Delete Spend Money, Receive Money, and Transfer Money transactions. Others, such as Journal Entry, Purchase, Pay Employee, will be only available on reviewing and not amendable. Prepare Electronic Payments transactions may only be deleted but not edited.

 

 

 

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