Name

1–50 characters

The name given to the Fund Transaction Type. This will be displayed on Reports.

Description

1–255 characters

An extended description of the Fund Transaction Type.

Category

Revenue

Expense

Fund to Fund Transfer

This setting determines whether a transaction of this type increases (Revenue) or decreases (Expense) the value of the fund to which it is applied. The transaction’s value appears in the Daily Cash-Up screen and GL Daily Journal as a positive or negative quantity, respectively.

A Fund to Fund Transfer is a unique transaction type that is only available in certain CashDesk operations: when money is being moved between two CashDesk funds. In this case, the transfer involves two transactions, an increase in the value of the fund that the money is being transferred into, and a decrease in the value of the fund that the money is being transferred from.

Account Code

Any configured General Ledger Account

The General Ledger Account that transactions of this type will be posted to.

Sales Tax

Any configured Sales Tax

If a Sales Tax is configured, the tax value(s) for fund transactions of this type will be posted to the Daily Cash Journal.

Default Payment Type

Any configured Payment Type

The default Payment Type that will be used for fund transactions of this type. This can be overridden when performing a fund transaction.

Balancing Payment Type

Any configured Payment Type

The Payment Type that will be used to balance transactions of this Fund Transaction Type. This field is optional.

Default Transaction Type

cleared

selected

If the checkbox is selected, the Fund Transaction Type will be the default type for all fund transactions.

Note: Only one fund transaction type will be configured as the default at any given site.

Include in Banking

cleared

selected

If this checkbox is selected, transactions of this Fund Transaction Type will be included in the Banking section of the Daily Cash-Up screen, and when doing a deposit from the fund. If the checkbox is cleared, they will not.

Require Comment on Sundry Transaction

cleared

selected

If the checkbox is selected, the user must leave a comment starting the reason for sundry transactions made with the Fund Transaction Type.