Receipt
In the Agentbox Trust Module, you can receipt funds into 3 different ledger types for each property. The most commonly used is the Sales Ledger for receipting sales deposits etc, the Marketing Funds Ledger is used if you hold vendor marketing contributions in your trust account and also an IBD Ledger is available if you open up investment accounts on behalf of the Vendor & Purchaser.
You are able to log receipts into all 3 ledger types, transfer between them and make payments out of them.
Log Receipt - Important Facts
- The receipt date will be automatically be generated as the date the receipt is logged into your Agentbox Sales Trust Accounting System. If you are receipting a Direct Deposit, you are given the option to enter a ‘presented date’ which corresponds to the date when the deposit hit your bank account.
- Receipts via cash and cheque will need to be banked before the funds can be used. Cheque receipts contribute to the available balance once the cheque clearance days have passed from the day the cheque was banked.
- Receipts via direct deposit, credit card or EFTPOS will be considered 'banked' upon creation and will contribute to the available balance as of the banked date.
A receipt can be logged directly within a listing record by visiting the Receipt tab. (you will need to search and open the listing via Listings/Ledgers on the main menu and select the listing which the receipt relates to by clicking on the 
icon)
Or via the main menu Transactions tab> New Receipt
See also...