A retail company has a cash register and deposits a single day’s takings in the bank. In SAP Business One, a cash deposit was made transferring the cash asset recorded from the sales posting to an interim account. A bank statement is received and a transaction row shows that the cash amount was cleared.

The relevant transaction row is entered in the Bank Statement Details window, with the internal bank operation code indicating that the posting method is Bank Interim Account from/to Bank Account. The transaction is matched against the cash deposit transaction to the interim account. When the bank statement is finalized, the posting amount is transferred from the G/L bank interim account to the G/L bank account.

(1) Deposit

(2) Clearance