GeeDee for Windows

Unidentified Funds

Unidentified Funds

Previous topic Next topic No directory for this topic Expand/collapse all hidden text  

Unidentified Funds

Previous topic Next topic Topic directory requires JavaScript JavaScript is required for expanding text JavaScript is required for the print function Mail us feedback on this topic!  

 

Where you have received funds from an unidentified source (eg: a credit on your bank statement), the following procedure is recommended:

 

Create a new Credit type, Trust Account ledger.

 

Click to Expand

 

Click to Expand

Once you have created a Unidentified Funds ledger you will not have to do so again.

 

Process a Trust Account receipt for the amount and be sure to include details of the date received.

 

Once funds have been identified, the funds should be journalled using a specific procedure.

See Journaling Previously Unidentified/Temporarily Held Funds.

 

GeeDee Company Logo_Horizontal_MEDIUM
Phone: (08) 9364 6677  | Fax: (08) 9364 7433   | eMail: info@geedee.com.au   | Web: http://www.geedee.com.au/

© GeeDee for Windows Pty Ltd  1984 - 2018             All rights reserved.      Real Estate Software by Real Estate Professionals.

Trust Accounting & Property Management Software with Enterprise Electronic Document Management.