If a deposit is received and it needs to be placed in a Term deposit or an Interest bearing account
Open the Deal and Click on the Financials Tab
- Click on the Actions Button at the Top of the Deal Form
- Select Transfer to Term Deposit
- In the Total Field enter the Amount that is to be transferred into the Term Deposit.
- Date: is the date that the Monies are to be transferred
- Transfer Method: The account that the Monies were initially deposited to
- To: The Term Deposit Account
- Reference: Leave Blank unless your brokerage requires a unique reference
- Click - *To Be Printed* if you need to cut a physical Cheque
- Unclick - *To Be Printed* if the payment method is an EFT, or Direct Deposit
- Click Post
- If *To Be Printed* was clicked. The Cheque is waiting to be printed on the Print Cheque Form
- If *To Be Printed* was not Clicked then Transfer the funds electronically according to your procedures
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