Transaction posting

This program allows a variety of different posting types to the credit unions members accounts.

When the posting screen initially opens the first option you are given is to setup posting defaults.

This feature allows you to set defaults on the following fields:

  • Transaction type = Select the default type of transaction that will be posted. (e.g. Share deposit)
  • Account number = Select the default account that the transaction posted will have an affect on. (e.g. Sh 1)
  • Cash type = Select the default payment type. (e.g. Cash/Cheque)
  • Narrative = Select from the list or enter a standard narrative, this will appear on each transaction posted. (See narrative maintenance for creating standard narratives.)
  • Batch Number = Enter a user defined batch reference.
  • Fixed date = If this option is selected ( ) then the date entered in the box to the right will be used when posting each transaction.
  • The fields

  • Date = This is the date that the transaction is being entered onto the members account.
  • Value date = If the payment made, does not instantly affect the account balance the value date is e