Cash Processing

The Cash Reconciliation function allows you to reconcile the transactions and balances recorded for Veracross general ledger cash accounts to the statements periodically received from the bank, mark checks and deposits as “cleared,” and to record miscellaneous transactions that appear on your bank statement for items such as interest earned and bank transaction fees.

Applying deposits to invoices may be done one by one or as a batch. To find deposits with a non-zero unapplied amount, click on the Cash Deposits Report link on the Cash Processing home page.

Here is the new version of this article in the Veracross Community. Step-by-Step From the Cash Processing homepage, open the Cash Receipt Header Listing query and specify criteria designed to retrieve the Cash Receipt you wish to cancel. Exe...

Cash Deposits are a special subset of cash receipts. They are entered using the same links on the Cash Processing home page as miscellaneous cash receipts.

Here is the new version of this article in the Veracross Community. Step-by-Step Navigate to the Cash Processing or AR Workflow homepage and click the Add Simple Receipt  link. Enter data for all pertinent fields (described below) and cl...

In the event that it is necessary to issue a refund for an AR Invoice that has a credit balance, the recommended steps are presented below.

Occasionally, situations develop that warrant printing checks for disbursements unrelated to accounts payable invoices. In these instances, users can enter disbursement transactions directly into the system and immediately print a check.

Here is the new version of this article in the Veracross Community. Overview  The Bank Reconciliation tool allows you to reconcile the transactions and balances recorded for Veracross General Ledger Cash Accounts to the statements periodica...

Once tentative receipts have been created by applying deposits to invoices manually or by using the batch process and have verified those tentative receipts, it is time to post them.

In the event that it is necessary to refund a deposit that has been posted but not yet fully applied to invoices, the recommended steps are presented below.

Here is the new version of this article in the Veracross Community. Step-by-Step From the Cash Processing homepage, open the Disbursement Header Listing query and specify criteria designed to retrieve the Disbursement you wish to void. Execu...

Here is the new version of this article in the Veracross Community. Overview The Cash Reconciliation function allows you to reconcile the transactions and balances record for Veracross general ledger cash accounts to the statements periodically ...

Step-by-Step On the Cash Processing or AR Workflow homepage, click on the link Add a Receipt Batch. Enter a Deposit Date.  This should represent the day the money was deposited into the bank account. Enter a Cash GL Account.  This sh...