Bank Transactions

The Bank Deposit form is used to record the depositing of funds, from any source, to a Bank Account. The Bank Deposit form pulls any Undeposited Transactions from the GL Account assigned to the 'Undeposited Funds' field in System Preferences: ...

The Bank Withdrawal or Bank Expense form is used to create Payments to non-Vendors and record withdrawals directly from your Bank Account . No AP Invoice, AP Credit Memo, or Vendor record will be associated with the Bank Expense. GL Accounts c...

The Bank Transfer form is used to record the transfer of funds between an organization’s Bank Accounts . Restaurant365 does not initiate the transfer of funds with the bank itself. Transfers must be performed outside the system and then recorded...

An AP Payment is created to pay its corresponding Invoice while a Bank Expense is created to document the transaction that caused a withdrawal or that needs to be withdrawn from your bank account. Bank Expenses do not have an Invoice tied to them in...