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