Batch Deposit - Reference to pull through to bank reconciliation
When I enter a reference in batch deposit, this does not pull through to the bank reconciliation. On the bank reconciliation report, the Description is "Payment: multiple items" and the Reference field is blank. This is not useful as I have to go into each transaction and see which company the receipt has come from. Why enter a reference when it does not appear on the bank reconciliation report? When I try to search to match deposits using the company name, these deposits do not appear as the Description is unhelpful. If there are smaller batches which add up to a bank deposit amount, it takes ages to find them when reconciling.
Elizabeth Arnott
shared this idea
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Frances Keech
commented
I hate that I have to Unreconcile a deposit in order to add the Payee in the reference so that it is easier to find when having to trace transactions, then go back and Re-reconcile the deposit. You should be able to add it before reconciling.
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Brenda Christensen
commented
I requested that there be an actual batch deposit option, like in QB, where each line item can be assigned to a customer/contact. We don't use invoices, so, as you said, being able to enter multiple items into "receive money" and having each line item assigned to an actual customer for future reference is important.
I think this is similar to what you are describing as a need.
It would be far more efficient than entering each separate check as "receive money" item, and then having to match up all the receipts to a single deposit in the bank rec.