Bank Deposits Module Overview
The Bank Deposit module allows you to record cash and cheques before being deposited into your bank.
Customisable user roles mean that access to this screen can be given directly to those counting the money, removing the need for a paper form or spreadsheet to be used, which then has to be keyed in to create your accounts. If you wish donors to remain anonymous, there is even an option to hide donor names and just show donor numbers.
As well as recording donations - both Named Donations, and those eligible under the Gift Aid Small Donations Scheme (GASDS) - the screen allows you to record any invoice payments received by cash or cheques, as well as other income you may have collected, for example, for tickets for an event or other sales. You can upload a file as an attachment to the bank deposit too.
This means that when it comes to Gift Aid, ExpensePlus is able to create claims automatically without the risk of non-donation income getting included. The Bank Deposit screen also allows you to record petty cash that has either been retained or added to the amount being banked.
Watch this short video to learn more about the Bank Deposit Module:
Frequently Asked Questions
- How do I record an income transaction?
- Is the Bank Deposit module useful for volunteers counting offerings at events or services?