Deposit date

The date a processor payout or group of receipts reached the bank account.

In Solo Superstars

Where it is used: Banking and processor reconciliation use it to connect individual customer payments to the lump-sum bank deposit.

Example

Three Friday card payments may appear as one Monday deposit after fees.

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 date
  • payout date

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