Cash deposit into account
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Cash deposit into account
I'm new to Power Church and have just began to input into the program. I wrote a check from checking to deposit into savings, but I'm not sure how to deposit the funds into savings. My other financial program did not give me the opportunity to transfer funds from checking to savings.
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Re: Cash deposit into account
When recording that check, whether in Accounts Payable or Fund Accounting, simply credit the checking account and debit the savings account. This handles both the check and the deposit in one transaction.