Processing Invoice Payment

[Derek Atkins]

Hi,

Kurt Guenther <kurtg at serent.com> writes:

> I usually get a number of checks at a time that I then deposit at my 
> bank.   I create an asset account "Funds to Deposit" where I put the 
> payments and then I make a transfer from this account to my Checking 
> Account when I make it the bank.
>
> It seems like there should be some work flow around the AR Invoice & 
> payment process which I constructed myself.   Is that the best way to do 
> things?

Pretty much, yeah.  Process Payment into a "To Be Deposited" account,
and then when you deposit it you can manually transfer from the TBD
account into your Bank account.

> --Kurt

> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.

-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available