Business Administrator will need to know about any banking you do so that it can keep its accounts up to date, and provide you with accurate financial information.
Location: Finance Manager, Banking and Debt
Overview
As it opens, this dialogue will provide a list of all the transactions it expects you to bank. Note that Business Administrator thinks in transactions that are derived from sales or other process, rather than a banking transaction itself.
There are two parts to banking: first, you must tell Business Administrator that you intend to take your money to the bank, and then you have to state that it’s been banked. By using this method, you both agree on what should and shouldn’t be banked, and you can make the statement that those transactions have been banked.
To define what has to be banked, simply drag items from the left hand side to the right hand side. If you make an error, or change your mind, simply drag them back again.
If there are no items in the left hand side when the dialogue opens, it is because Business Administrator does not expect any banking to take place, and has nothing available that could be banked. In such a scenario, if you have a bank run to do, you would have to use the Bulk Takings command on the Function Bar.
Bulk takings
There are occasions when you cannot specify a bank run in terms of transactions. In this case, use Bulk Takings from the Function Bar, and Business Administrator will record the fact that a bank run took place. Bulk Takings is one of those facilities that should be used as rarely as possible, because it means that transactions aren’t always properly tied up.