SETUP - Deposits Setup Balances

To enter your Deposit Setup Balances, you will need the list of outstanding deposits as at ‘the Day Before Strataboss Start Date’.

Amounts entered here will form the Opening Balances of all your deposit accounts.

For Deposits Setup Balances, if you have clicked ‘Edit’ to access the ‘Edit’ mode of the Deposits Setup Balances page, you must click ‘Save’ before leaving ‘Edit’, even if no changes have been made.

Deposits with Suppliers

Deposits with Suppliers are deposit amounts that you have paid to suppliers before your Strataboss Start Date and that are still held by the suppliers (i.e. not returned to you yet).

Add – To add a Deposit Setup Balance amount, click ‘Add’.

Doc Date – This is the Date that you paid the deposit amount to the Supplier. Doc Date must be earlier than your Strataboss Start Date.

Doc No – This is the document number or reference number of the deposit.

Paid To – This is where you record to whom you paid the deposit. You must select either a ‘Creditor’ or enter a ‘Name of a Non-Creditor’ (i.e. the Payee’s Name).

Description – Enter the description of the deposit.

Fund – Select the relevant ‘Fund’.

Deposit Amount – Enter the deposit amount.

Deposits from Customers

Deposits from Customers are deposit amounts that you have collected from customers before your Strataboss Start Date and that are still held by you (i.e. not returned to the customer yet).

Add – To add a Deposit Setup Balance amount, click ‘Add’.

Doc Date – This is the Date that you collected the deposit amount from the Customer. Doc Date must be earlier than your Strataboss Start Date.

Doc No – This is the document number or reference number of the collected deposit.

Collected From – This is where you record from whom you collected the deposit. You must select either a ‘Debtor’ or enter a ‘Name of a Non-Debtor’ (i.e. the Payer’s Name).

Description – Enter the description of the deposit.

Fund – Select the relevant ‘Fund’.

Deposit Amount – Enter the deposit amount.