Enter the following information in the Interest Earned section.
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GL# |
Select the appropriate GL income account number from the list. The list fills with income detail accounts in the 40000 number range and other income accounts in the 70000 range. |
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Charge Amount |
Type the total interest earned amount. As soon as you navigate out of the Amount field, the total amount of the Interest Earned and the Amount allocated ($0.00) appear on the Interest Earned section title bar. |
Business Unit Allocation
To split the interest earned across multiple business units:
- Click New.
- Select the Branch, Department, Group combination (the Division unit associated with this bank account is View Only and cannot be changed):
- Branch: A list of the Branches set up for your agency and associated with this division.
- Dept: A list of the Departments set up for your agency and associated with this division and the selected branch.
- Group: A list of the Groups set up for your agency and associated with this division, branch, and department.
- The amount pre-fills based on the Charge Amount you entered. Change the amount to the allocation for the first business unit combination.
- Click Add. The Allocation amount on the section header updates with the allocated amount.
- Click New and repeat steps 1 through 3, until all of the service charge has been allocated.
[* As of Version 23R2, the "Adjust Link" no long appears on the bank reconciliation statement. Instead, use the New Journal Entry button, located in the bank reconciliation statement, to enter any adjustments.]