Bank Deposits

There is nothing more frustrating than a bank deposit being made with no bank deposit slip being prepared especially when there are several cheques. This creates a bookkeeping nightmare as it is almost impossible to match the payment to an invoice.  Recently a client deposited 22 cheques without preparing a bank deposit slip ~ several cheques were for the same amount making it impossible for me to determine which invoices had been paid.

Next – Accounts Payable & Accounts Receivable/Customer Invoicing

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