Deposits

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Deposits

 

This section about bank deposits (where a business is depositing it’s cash, cheques and credit vouchers) contains the following:

 

 

 

1.      Details of the main features of a bank deposit

 

 

 

2.     Sample of a completed bank deposit form

 

 

Deposits

 

 

When preparing the documentation to deposit the business’s money into the bank will involve completing a Bank Deposit Slip. These are often issued in a booklet by the bank. This slip is a summary of the business’s deposits. It includes all cash, cheques and credit card sales/ credit vouchers deposited in the business’s account.

 

Bank deposit slips will contain the following:

 

• Date money is deposited

 

• Name of the account – the name of the business.

 

• Details of the deposit – notes, coins, cheques & credit card transactions.

 

• Details of cheques – drawer, bank, branch (BSB) and amount

 

• Details of cash – the break up of denominations of coins and notes

 

• Signature of person depositing the money

 

• Total amount being deposited

 

 

 Sample completed Deposit Form