Payment Receipt Tasks
Entering Payments
All payments for the day are entered in a batch. A group of checks and cash
for which a grand total has been determined constitutes a batch. Batch entry of
payments allows you to compare your total with the system batch total.
After totals are verified, print a BANK DEPOSIT SLIP and then proceed to the CLOSE BATCH PROCESS.
Payments Backouts
If you find that a payment was entered incorrectly or if a check is returned
from your bank marked NSF, you can then use the PAYMENT BACKOUT PROCESS to reverse the payment automatically. You can also charge an NSF fee
automatically.