Deposits/Bank Credit - Checks/ Bank Debit (Account Reconciliation)

Deposits: If the transaction is a deposit/credit, this shows by how much it increases the G/L account.

If two or more receipts entered in Sage 50 have the same deposit ticket ID, they are combined and appear as one line item. Daily receipts are typically grouped together as one daily deposit. Therefore, all receipts entered for a particular day appear as one deposit transaction in Account Reconciliation. To reconcile these transactions separately, exit Account Reconciliation and enter unique reference IDs for these transactions.

Note: If you enter beginning transactions with the same reference, they appear separately in this area.

Checks: If the transaction is a check/debit, this shows by how much it decreases the G/L account.

Note: If the transactions that appear in this area are posted direct deposit paychecks, they will appear as a single-sum entry totaled by date. The reference number for the direct deposit entry will be prefaced by "DirectPay"—for example, DirectPay041903.