...
- On the ribbon, click Transactions > Income > Receivables.
- In the Tasks group, click Add Batch.
- In the Receivable Batch Entry window, enter the following information:
- Batch Date — 2/2011Press Enter to to accept the default
- Receivables Account — 1115 Accounts Receivable (If you use cash basis accounting, this field does not display.)
- Date — 02/01/2011Enter the 15th day of the Batch Date
- Source — Junior Rangers of America
- Amount — 300
- Recurring Period — Quarterly
- In the Distribution grid, click Insert Line and enter the following information:
- Account — 2028
- Account Name — Other Gifts & Donations
- Amount — 300
- Click Save.
...
- On the ribbon, click Transactions > Income > Cash Receipts.
- In the Tasks group, click Add Batch.
- In the Receipt Batch Entry window, enter the following information:
- Batch Date — 2/1/2011Press Enter to to accept the default
- Cash Account — 1020 Cash in Checking (If you use cash basis accounting, this field does not display.)
- Date — 2/1/2011Enter the 15th day of the Batch Date
- Source — Girl Rangers of America (Add this to the permanent list of sources.)
- Amount — 500
- Memo — Cookie Sales
- In the Distribution grid, click Insert Line and enter the following information:
- Account — 2028
- Account Name — Other Gifts & Donations
- Amount — 500
- Click Save.
...
- On the ribbon, click Transactions > Income > Post a Deposit.
- In the Tasks group, click Add Batch.
- Select the receivable you entered for the Junior Rangers.
- Click Add a New Cash Receipt.
- In the Cash Receipt window, enter the following information:
- Source — Bank of North America
- Amount — 50
- In the Distribution grid, click Insert Line and enter the following information:
- Account — 2067
- Account Name — Interest Income
- Amount — 50
- Click Save, then Close.
- Click Post Deposit.
- In the Cash Account drop-down list, select 1020 Cash in Checking.
- In the Receipt Date field, enter 3/1/2011the same date used in Exercise 3.
- Click Process.
- Click Print Account Summary.