Deposit
Money arriving in a bank account. One deposit may cover several customer payments, minus fees, so a deposit is not the same as a payment.
In Solo Superstars
Deposits show up as bank transactions on import. Alison matches each to the payments or payout it represents; a deposit with no match waits in the review queue.
Example
A single $2,000 deposit matches a $1,200 invoice payment and an $800 one received the same day.
Codes shown are the defaults a new workspace starts with. Yours may be renamed or renumbered — check Accounting › Chart of accounts. See the full default chart.
Also called
- bank deposit
Related
- Payment — Money received against an invoice, by card, bank transfer, check, cash or other method. Clears the receivable.
- Processor payout — A deposit from Stripe, Square or PayPal that bundles several customer payments minus fees. Matching it empties the clearing account.
- 1300 Undeposited Funds — The default holding account for customer payments received but not yet deposited to a bank account.
- Bank transaction — One line from your bank: a deposit, a charge, a fee, a transfer. Imported from a statement, entered by hand, or synced.