In this guide, we show How to Post a Deposit in the MAT Finance Module. This is used for Cash / Cheque income received at the school which needs paying in to the bank.
This will also show how much cash there is and how many cheques there are in the onsite safe.
Access: The minimum permissions required to Post a Deposit are found in the Finance Module section of Config > Setup > Roles & Permissions.
Pre-requisite: A Paying in Book needs to be created within Books to generate a Paying In Slip Number. See: How to Add Books in MAT Finance.
From the left Menu go to Finance > New Entry > Deposit.
Once the page loads, complete the following fields – Site, Bank Account, Date and Document Control.
Once the details are entered, press Add New Record.
Complete the Fields – Paying In Slip / Description / Gross (£). Use the Tick in the Actions column to complete the record.
If more records are to be added, press Add New Record and repeat the above step.
Once complete, Select Post and Allocate or just Post.
Note: When Posting and Allocating, it is possible to choose the Income Receipt the Posting In Slip may represent. This will then allocate ready for Bank Reconciling.