Summary

The Clear Transactions process is used to clear checks or deposits. Use this process each time you receive a bank statement that lists the checks and deposits that have cleared on your bank accounts. The Clear Transactions process can be used to clear AP and Payroll module checks, Clearing House module receipts processed in the Receipt Deposits process (BR> Receipt Deposits), checks created in the Check Maintenance window (BR> Utilities> Enter Checks), and deposits/adjustments entered in the Deposit Maintenance window (BR> Utilities> Enter Deposits).

Flowchart

Each object in the diagram below represents a process in the application. Click on a process to open the documentation on that process.

Step by Step

1     Open the Clear Transactions palette.

2     Select the bank accounts with the cleared checks.

3     Import transactions into the batch from a file.

4     Select the checks to clear.

5     Print the Proof List.

6     Print the Bank Activity report.

7     Commit the selected transactions.