New Interest

Navigation: From the Main Menu, select Vendor Entry. Then click the orange Checkbook button, and then the Interest button.

This button is to allow you to enter Interest accrued at your bank. This interest gets posted to your accounting software, using the account specified in the General Ledger Setup window, from the Setup Entry menu.

New Interest – Details

Description

Change the description of the Interest, if needed.

Date

Select the date of the Interest as it appears on your bank statement. It will be posted to your accounting software with this date.

Amount

Enter the dollar amount of the Interest.

Cancel

Click this to abandon the new Interest transaction completely.

Save Transaction

Click this to save the new Interest entry, posting it to the Checkbook and the General Ledger.

More:
Checkbook Window
Reconciling your Bank Statement
New Check Button
New Deposit Button
New Daily Deposit Button
New Fee Button
New Payroll Button