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RobinMc
03-07-2005, 12:36 PM
Why is it that when reconciling a bank statement, I have had deposits from months before to show up as not cleared but when I go back to that month, they were cleared? they just appear from nowhere it seems.
TheWolf
03-09-2005, 06:20 AM
One of the receipts lumped in with that deposit has been altered in some way and resaved. Which version of Peachtree are you using?
RobinMc
03-09-2005, 09:29 AM
Peachtree Accounting 2004
LauraG
03-09-2005, 04:33 PM
Originally posted by TheWolf
One of the receipts lumped in with that deposit has been altered in some way and resaved.

I've seen this happen when more than one receipt has been posted using the same Deposit Ticket ID.

Open the receipts sharing that deposit ticket iD and change them to the right date and so that you have receipts grouped to match the bank statement.
TheWolf
03-09-2005, 04:50 PM
Laura, you are correct. In releases before they changed account rec this could occur if you resaved one of the receipts that had the same deposit ticket id as other.
RobinMc
03-10-2005, 04:26 AM
Well, that is good to know info.....it has been a head-scratching thing with me for a while now!
thanks a bunch!
Lisa_p
03-10-2005, 06:01 AM
That's why I always use full dates mmddyy on deposit ticket IDs
LauraG
03-10-2005, 06:22 AM
I do the same thing.

This brings up a question:

when you record payments received I always code the deposit ticket to correspond to the date deposited in the bank.

Now for the question: what date do you use as the date of the transaction? The check date or the date received?

I've had some transactions (mostly tuition paid by the state) that I need to track the date of the check and not the day of the receipt.
M GO BLUE
03-10-2005, 08:01 AM
The date of the transaction can be different if you use "date" for the deposit ticket ID. Does that make sense Laura?
LauraG
03-10-2005, 08:28 AM
That makes sense and I do that on some of the checks so that I can see the deposits by date in the account rec screen.

For the actual date of the check, what do you use-date of check or date payment was received?
Lisa_p
03-10-2005, 11:22 AM
I generally use the date of the receipt. If you use the check date, just be careful that you don't cross periods with your receipt dates and deposit dates - that can wreak havoc come reconciliation time!
LauraG
03-10-2005, 11:26 AM
Got it. Thanks.