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TUTORIAL - Bank Interest Received


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TUTORIAL
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TUTORIAL Contents:

Introduction
Preferences
> Setup
> Roles
> Users
Activity Names
Accounting Categories
Activities

Accounts
Statuses
Members (Contacts)
Posting
> Cheque or Cash Received
>> Against Invoice
> Cheque Written
>> Against Invoice
> Cash Paid
> Cash from Cash Account to Bank
> Cash from Bank to Cash Account
> Cash Banked
> Bank Transfer In
>> Against Invoice
> Bank Transfer Out
>> Against Invoice
> Account Transfer
> Bank Interest Received

> Opening Balances
> Opening Income & Expenditure

> Invoice Sent
> Invoice Received

The Bank Reconciliation

Transaction Enquiry
Balance Enquiry

The Year End

Reporting

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Next, we open up a bank statement for the depost (savings) account and we have earned some interest! Not much - only 0.67 - but it has to go into the system anyway.

Call up Transactions/Bank Charges, Interest & Standing Orders/Post Bank Interest. Ensure the right account is shown, enter 0.67 in the amount and enter the Statement Number which has the interest on. Make sure the date is correct and press OK.

All done!

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