Effect on the Bank Balance Home | FAQs & Troubleshooting

                     

The following table illustrates the effect a transaction can have on the current bank balance when entered in Check, Deposit and Adjustment Entry. The Current Bank Balance field is increased or decreased based on the selected adjustment type.

 

Transaction Type	Enter as ...	Effect on Current Bank Balance
Deposit	Positive value	Increases bank balance
Withdrawal	Positive value	Decreases bank balance
Adjustment	Positive value	Decreases bank balance
Adjustment	Negative value	Increases bank balance
Bank Charges	Positive value	Decreases bank balance
NSF	Positive value	Decreases bank balance
Interest Earned	Positive value	Increases bank balance
Checks	Positive value	Decreases bank balance