This step allows you to report any cash as 'in Transit. To add cash in transit click the '+Cash In transit' button located on the right of the page.
Report any cash in transit in the 'Type' selection as either:
- ‘Received by Client, not by Bank’ or
- ‘Received by Bank, not by Client’.
You will need to complete all the details including:
- The Reconciliation Ledger that the Cash relates to
- The debtor it relates to (if multiple debtors select ‘Other’)
- The amount in transit
- The date it was paid into the trust account
- The full information in the ‘Details’ free text box.
You must the select the ‘Save’ button.
Repeat the above to add another amount.
Once all the cash in transit has been identified, click ‘Continue' to proceed to the next step.