Xorosoft Knowledge Base
  • Xorosoft Knowledge Base
  • What's New
    • 📒Release Notes
      • Current Release
        • March 2025 Release
        • March 2.0 2025 Release
        • February 2025 Release
        • January 2025 Release (WMS)
        • WMS Release
      • Previous Releases
        • 2024
          • December 2024 Release
          • November 2024 Release
          • October 2024 Release
          • September 2024 Release 2.0
          • September 2024 Release
          • August 2024 WMS Release
          • August 2024 Release
          • July 2024 Release
          • June 2024 Release
          • May 2024 Release 2.0
          • May 2024 Release
          • April 2024 Release 2.0
          • April 2024 Release
          • March 2024 Release
          • February 2024 Release
          • January 2024 Release
        • 2023
          • November 2023 Release
          • October 2023 Release
          • September 2023 Release
          • August 2023 Release
          • July 2023 Release
          • June 2023 Release
          • May 2023 Release
          • April 2023 Release
          • February 2023 Release
          • January 2023 Release
        • 2022
          • December 2022 Release
          • November 2022 Release
          • July 2022 Release
          • June 2022 Release
          • April 2022 Release
          • February 2022 Release
          • January 2022 Release
        • 2021
          • December 2021 Release
          • October 2021 Release
          • September 2021 Release
          • July 2021 Release
          • June 2021 Release
          • May 2021 Release
          • April 2021 Release
          • March 2021 Release
          • February 2021 Release
          • January 2021 Release
        • 2020
          • October 2020 Release
  • XoroERP
  • 💻XoroERP
    • XoroERP Basics
      • Getting Help
      • Navigation
      • Log In
      • Setting Preferences
    • Dashboards
      • Business Dashboard
      • Sales Dashboard
      • Purchase Dashboard
      • Warehouse Dashboard: Inbound
      • Warehouse Dashboard: Outbound
      • Sales Rep Dashboard
      • Manufacturing Dashboard
    • Sales
      • Customer Section
        • Customer
          • Creating Customers
        • Customer Info
          • Customer Info Module Fields
        • Customer Centre
          • Customer Centre Fields
          • Adding/deleting the credit card info
        • Customer Statement
          • Customer Statement Fields
        • Customer Portal Invitation
        • In what sequence the Customer Emails are used to send the SO-related Emails?
      • Estimate
        • What is a Sales Estimate?
          • Creating a Sales Estimate
          • Estimate Options
        • Estimate Centre
          • Estimate Centre Fields
      • Sales Order
        • What is a Sales Order?
        • Creating Sales Orders
        • Sales Order Options
        • Sales Order Activity and Linked Transactions
        • Backorders
        • Sales Order Centre
          • Sales Order Centre Options
          • Sales Order Centre Search Fields
        • Update Sales Order Items
        • Dropship Orders
        • Global Allocation
      • Invoice
        • Invoice
          • Invoice Options
          • Voiding an Invoice
        • Invoice Centre
          • Invoice Centre Fields
        • Invoice Batch Centre
          • Invoice Batch Centre Fields
      • Sales Receipt
        • What is Sales Receipt?
        • Creating Sales Receipt
        • Sales Receipt Options
        • Sales Receipt Centre
        • Sales Receipt Centre Fields
      • Credit & Deposit
        • What is (Invoice) Credit Memo?
          • Creating Credit Memo
          • Voiding a credit memo
        • Invoice Credit Memo
          • Creating Invoice Credit Memo
        • What is a Customer Deposit?
          • Customer Deposit Centre
            • Customer Deposit Centre Fields
          • Creating Customer Deposit
        • Customer Credit Centre
          • Customer Credit Centre Fields
        • Applying Customer Deposit
        • Applying Customer Credit
        • What is Return Merchandise Authorisation (RMA)?
          • Creating RMA
          • The RMA Process
      • Payment
        • Invoice Payment
      • Refund
        • What is Refund Receipt?
        • Refund Receipt Centre
          • Refund Receipt Centre Fields
        • Customer Refund Centre
          • Customer Refund Centre Fields
      • Commissions
        • Commission Rule
        • Creating Commission Rule
          • Managing Sales Commissions
        • Commission Rule Centre
          • Commission Rule Centre Fields
        • Commission Reporting
          • Running Commissions
          • Commission Report Centre
      • Sales Item Centre
        • Sales Item Centre Fields
    • B2B
      • B2B Workflow
      • Showroom Centre
      • B2B: Portal Account Login
        • B2B - Mobile View Compatibility
      • Presentation Centre
      • Campaign Centre
      • Cart
      • Customer Portal
        • What is a Customer Portal?
        • Customer Portal - My Profile
        • Customer Portal - Invoices
        • Customer Portal - Credits
        • Customer Portal - Deposits
        • Customer Portal - Orders
        • Customer Portal - Pending Orders
        • Customer Portal - Payments
        • Customer Portal - Transaction History
        • Customer Portal - Presentations
        • Customer Portal - Cart
        • Customer Portal - Resources
        • Customer Portal - Customer Statement
      • Creating a B2B order
    • Purchase
      • Vendor Section
        • Vendor Info Module
          • What is Vendor Info Module?
          • Vendor Info Fields
          • Creating Vendor
        • Vendor Centre
          • Vendor Centre Fields
      • Purchase Order
        • What is a Purchase Order?
          • Creating Purchase Orders
          • Purchase Order Options
          • Purchase Order Activity and Linked Transactions
      • Item Receipt
        • What is an Item Receipt?
        • Item Receipt Centre
          • Item Receipt Centre Fields
      • Bill
        • What is a Bill?
          • Bill Options
        • Bill Centre
          • Bill Centre Fields
      • Vendor Credit
        • What is Vendor Credit?
        • Vendor Credit Centre
          • Vendor Credit Centre Fields
      • Prepayment
        • Vendor Prepayment
          • What is Vendor Prepayment?
          • Creating a Vendor Prepayment
          • Applying Vendor Prepayment
        • Vendor Prepayment Centre
          • Vendor Prepayment Centre Fields
      • Refund
        • Vendor Refund Centre
          • Vendor Refund Centre Fields
      • Payment
        • Bill Payment
        • Bill Payment Centre
          • Bill Payment Centre Fields
      • Item Vendor Mapping
        • Item Vendor Mapping Fields
        • Item Vendor Mapping Centre
          • Item Vendor Mapping Centre Fields
      • Vendor Group
        • Creating Vendor Group
        • Vendor Group Centre Fields
        • Vendor Group Centre
      • Order Linking
        • Order Linker
          • Order Linking Fields
        • Order Linking Centre
          • Order Linking Centre Fields
      • Short Inventory Planner
        • Short Inventory Planner Fields
    • Admin
      • Branding
      • Access Manager
      • Tag Management
      • IP Restriction
      • Activity Tracking
      • Universal Code Series
      • Custom Field Mapping
        • The Custom Field Mapping module
        • Custom Field Mapping Centre
          • Custom Field Mapping Centre
      • Multi UOM
        • What is Multi UOM and how is it handled in Xoro?
      • Company
        • Company Info Module
        • Currency Centre
          • Currency Centre Fields
        • Store
          • What is a Store?
          • Creating a Store
          • What is Store Centre?
          • Store Centre Fields
        • Payment Method
          • Payment Method Types and Fields
          • Creating a Payment Method
        • Payment Method Centre
          • Payment Method Centre Fields
        • Payment Term
          • Understanding Payment Terms
          • Creating Payment Term
          • Applying Discount based on Payment Term
        • Payment Term Centre
          • Payment Term Centre Fields
      • Inventory Adjustment Reason Codes
      • Project
        • Project Category
      • Item
        • Item
          • What is an Item?
            • Creating Items
          • Item Centre
            • What is Item Centre?
            • Item Centre Fields
            • Item Centre Options
        • Kit
          • What is an Item Kit?
            • Creating an Item Kit
        • Item Brand
          • What is an Item Brand?
          • Item Brand Centre
        • VAS Item
          • What is a VAS Item?
          • Creating a VAS Item
          • Applying a VAS Item
        • Item Group
          • What is an Item Group?
          • Creating Item Groups
        • Item Category
          • What is Item Category?
          • Creating Item Category
        • Item UOM
          • What is an Item UOM?
          • Creating Item UOMs
          • UOM Centre
          • UOM Centre Fields
          • UOM Centre Options
        • Item Season
          • What is Item Season?
          • Creating Item Seasons
          • Item Season Centre
        • Order Type
          • What is Order Type?
          • Creating Order Types
        • Item Return Code
          • What is Item Return Code?
          • Creating Item Return Codes
        • HS Code
          • Creating HS Codes
        • Custom Price Formula Profile
          • Creating Custom Price Formulas
      • Product
        • Product
          • Products & Variants
          • Product Centre
            • Product Centre Fields
        • Product Category
          • Creating Product Category
          • Product Category Centre
        • Product Option
          • What is a Product Option?
          • Creating Product Options
        • Product Customization Profile
          • What is Product Customization Profile?
          • Creating Product Customization Profile
          • Managing Product Customization Profile
      • User
        • User
          • What is a User?
          • Creating Users
        • User Role
          • What is a User Role?
          • Creating User Roles
          • User Role Centre
          • User Role Centre Options
        • User Group
          • What is a User Group?
          • Creating User Groups
          • User Group Centre
            • User Group Fields
        • User Store Mapping
          • What is User Store Mapping?
          • Creating User Store Mapping
          • Limiting User Access to Inventory Information
        • Portal User
          • Portal User Centre
      • Customer
        • Customer Group
          • What is a Customer Group?
          • Creating Customer Groups
        • Customer Message
          • Creating Customer Message
      • Warehouse
        • Carrier Confirmation Codes
          • Fields
        • Shipping Non Delivery Code
          • Shipping Non Delivery Code Fields
        • Fob Point
        • Carrier
          • What is a Carrier?
          • Creating Carriers
        • Shipping Content
          • What is Shipping Content?
          • Creating Shipping Content
        • Ship Service
          • What is a Ship Service?
          • Creating Ship Services
          • Ship Service Centre
        • Ship Package Type
        • Ship Package Type Centre
        • Location
          • What is a Location?
            • Location Centre
          • What are different Location Types in Xoro?
        • Location Zone
          • What is a Location Zone?
        • Wave Template
          • What is a Wave Template?
            • How to use Wave Templates
            • How to “Set Default Wave Template” for a Customer?
        • Wave Template Rule
          • What is a Wave Template Rule?
          • Creating Wave Template Rules
        • Address Instructions
          • What is Address Instructions module?
          • Creating Address Instructions
      • Reporting
        • Reporting Headers & Footers
      • Material
        • What is Material module?
        • Creating Materials
      • Vendor
        • Vendor Type
          • What is Vendor Type
          • Creating Vendor Type
      • Custom Field Definition
        • Custom Field Definition module
        • Custom Field Definition Centre
      • Item Customer Mapping
        • What is Item Customer Mapping?
        • Creating Item Customer Mapping
        • Item Customer Mapping Fields
        • Item Customer Mapping Centre
      • Third Party Field Mapping
        • What is Third Party Field Mapping module?
        • Creating Third Party Field Mapping
      • State/Province
        • What is the State/Province module?
        • State/Province Centre
      • Task
        • What is Task module?
        • Creating tasks
      • Country
        • What is the Country module?
        • Country Centre
      • API Integration Connector
        • Fields
      • Item Quality
      • Workflow
        • Workflow
        • Workflow Execution Detail
      • Permission Group
        • What is a Permission Group?
        • Creating and Using Permission Groups
      • What is an Order Linker?
        • Creating an Order Linking
      • Customer Portal Links
        • Customer Portal Fields
      • Contacts
      • Cancel Reason
        • Cancel Reason Module
        • Cancel Reason Centre
    • Utilities
      • Scoping Notes
      • Tickets
        • How do I log a ticket?
      • Exchange Rates
        • How do Exchange Rates work in the system?
      • Pricing Rules
        • What is a Pricing Rule?
          • Creating Pricing Rules
          • How do Pricing Restrictions work?
      • Data Imports
        • Upload Item Prices
        • Upload Item Images- Different ways to link an Image to the Item
        • Upload Customers
        • Upload Vendors
        • Upload Waves
        • Upload Customer Addresses
        • Upload Invoices
        • Upload Sales Order
        • Upload Users
        • Upload Credit Memo
        • Upload SO Shipments
        • Upload Item Customer Mapping
        • Upload Sales Forecast
        • Upload Email Template
        • Upload ASN
        • Upload ASN Receipt
        • Upload Bills
        • Upload Purchase Orders
        • Upload Items/SKUs/Products
        • Upload Item Reorder Points & Reorder Qty
        • Upload Vendor Credit
        • Upload Item Vendor Mapping
        • Upload Transfer Purchase Orders
        • Upload Bill of Materials (BOM)
        • Upload Accounts
        • Upload Bank Statement
        • Upload Locations
        • Upload Journal Entries
        • Upload Inventory
        • Upload Customer Addresses
        • Upload Outgoing Payments
        • Upload Budget
        • Upload Dropship Receipts
        • Upload Pricing Rule
        • Upload Address Instructions
        • Upload Inventory Movement
        • Upload MO Quick Produce
        • Upload Invoice Payment
        • Upload Commission Rule
        • Upload Transfer Funds
        • Upload Contacts
        • Upload RMA
      • Data Export
        • Data Export Centre
      • Import/Export Utility
        • Building Import/Export Utility
      • Queries
        • App Queries
          • App Query Fields
      • Reporting Server Status
      • Authorization Centre
        • What is Authorization Centre?
        • Authorization Centre Fields
      • Manage Credit Card Payment Services
        • Payment Gateways in Xoro
          • What is a Payment Gateway?
          • Connecting Payment Gateways
          • Common Payment Gateway Errors
          • How to Process Credit Cards in Xoro?
          • How to Initiate a Refund for Credit Card Payments in Xoro
      • Manage Direct Debit Payment Services
      • Processed Payment Logs
        • What is Processed Payment Logs module?
        • Processed Payment Logs Fields
      • Manage Tax Services (Avalara)
      • Manage Address Verification Services
      • Job Schedules
        • Setting up Data Import/Export Scheduler
        • Job Schedule Centre
        • Job Execution History
        • Job Execution - Managing Errors
    • Warehouse
      • Receiving
        • Create ASN
          • What is Advance Shipping Notice (ASN)?
          • Creating ASNs
        • Receive ASN
          • Receiving an ASN
          • Voiding an ASN
      • Picking
        • Create Wave
          • What is a Wave?
            • Creating a Wave
            • Creating a Wave/Allocating a Sales Order
          • What to do if my Inventory falls Short while creating a Wave?
        • Pick Wave
          • Picking a Wave
          • Merging Waves
          • How to Void a Wave/Unallocate an Order?
          • What are Produced LPNs & Consumed LPNs columns in the Pick Wave module?
        • Pack & Ship
          • Shipping a Sales Order
          • How to Over Ship an Allocated SO?
        • Packing Slip Centre
          • Packing Slip Centre Fields
        • Priority Code
          • What is a Priority Code?
          • Creating Priority Codes
      • Transfers
        • Transfer Purchase Order
        • Transfer Sales Order
    • Inventory
      • Inventory Adjustment
        • What is Inventory Adjustment
        • Creating Inventory Adjustment
        • Inventory Adjustment Centre
      • Inventory Movement
        • What is Inventory Movement?
        • Moving Inventory
      • Inventory Transfer Centre
        • What is Inventory Transfer Centre?
        • Inventory Transfer Centre Fields
      • Batch Inventory Movement
        • What is Batch Inventory Movement?
        • How to batch move inventory?
        • Batch Inventory Movement Options
      • Inventory by Location
        • What is Inventory by Location module?
        • Inventory by Location Fields
        • Inventory by Location Options
      • Inventory Change Log
        • What is Inventory Change Log?
        • Inventory Change Log Fields
      • Item Inventory Snapshot
        • Item Inventory Snapshot Options
        • Item Inventory Snapshot Active Columns
        • Inventory Levels
      • Inventory Snapshot By Basepart
        • Inventory Snapshot By Basepart Active Columns
      • Inventory Demand Projection
      • Cycle Counts
    • Manufacturing
      • Bill of Materials
        • What is Bill of Materials (BOM)?
        • What is Bill of Material Centre
        • Bill Of Material Centre Fields
      • Manufacturing Order
        • What is a Manufacturing Order?
        • Creating Manufacturing Order
        • Disassemble Manufacturing Order
        • Batch Manufacturing Order
      • Manufacturing Process
        • What is Manufacturing Process?
        • Creating a Manufacturing Process
        • Manufacturing Process Centre
      • Manufacturing Lab Report
        • Item Specification Class
        • Item Specification Property
        • Item Specification UOM
        • Item Specification Test Method
        • Item Specification
        • Catalyst Property Profile
        • Catalyst
        • Item Specification Class Template
        • Manufacturing Lab Record
          • Creating Manufacturing Lab Records
    • Accounting
      • Accounts
        • Chart of Accounts (COA)
        • What are Retained Earnings?
        • Returns Vs Chargebacks
        • Cash basis Vs Accrual Basis Accounting
        • Accounting Migration
      • Accounting Period
      • Journal Entry
        • What is a Journal Entry?
        • Creating Journal Entries
        • Journal Entry Options
        • Managing Multi-Currency Transactions in XoroERP: A Guide to Home Currency Adjustments
      • Fixed Asset Management
        • Fixed Asset Type
          • Fixed Asset Type
          • Fixed Asset Type Centre
        • Fixed Asset
          • Fixed Asset Module Fields
        • Fixed Asset Centre
          • Fixed Asset Centre Fields
        • Fixed Asset Summary
        • Run Depreciation
          • How to Run Depreciation
        • Dispose Fixed Asset
          • Dispose Fixed Asset Fields
        • Month End Close Checklist in Xoro
      • Bank Reconciliation
        • Bank Reconciliation Options
        • Unreconciling Transactions
        • Bank Rules
          • What is Bank Reconcile Rule?
          • Creating Bank Reconciliation Rule
      • Transfer Funds
        • What is a Transfer Fund?
        • Creating a Transfer fund
        • Funds Transfer Options
        • Funds Transfer Centre
        • Funds Transfer Centre Fields
      • Bank Deposit
        • What is a Bank Deposit?
        • Creating Bank Deposits
        • Bank Deposit Options
      • Outgoing Payment
        • What is an Outgoing Payment?
        • Outgoing Payment Centre
      • Project/Class
        • Project
          • What is Project/Class?
        • Project/Class Centre
        • Page
        • Project Dashboard
      • Sales Tax
        • Prepare Tax Return
          • Prepare Tax Return Fields
          • Sales Tax Filing Adjustments
        • Tax Return Centre
          • Tax Return Centre Fields
        • Tax Adjustment Centre
        • Tax Installments
          • Sale Tax Installment
          • Tax Installment Centre
        • Tax Payment
          • Sale Tax Payment
            • Making Sale Tax Payments in XoroERP
          • Tax Payment Centre
            • Tax Payment Centre Fields
        • Tax State Mapping Profile
      • Liabilities To Bill
        • Item Receipt Reconciliation: Generating Liabilities To Bill
      • Recurring Transactions
        • What is a Recurring Transaction?
        • Creating Recurring Transactions
        • Recurring Transaction Centre
      • Recurring Transactions Execution History
      • Accounting Migration
      • Account Register
      • Audit Trail
      • Deleted Transactions
        • What is the Deleted Transactions Centre?
        • Deleted Transactions Centre Fields
      • Fiscal Year End
        • What is Fiscal Year End?
        • Period End Closing
      • Cheques
        • Cheque Centre
    • User
      • My Work Space
        • What is My Work Space module?
        • Creating My Work Space
        • Editing Work Space
      • Email Centre
      • Print Queue
      • Notifications
      • User Email Setup
        • User Email: Setup and Usage
      • User Queries
        • Creating User/Application Queries
      • The “Multi-factor” authentication Login
        • User Trusted Devices
    • Configuration
      • Company
        • The Company Email: Setup and Usage
      • Application
        • App Config
          • General
          • Customer Portal
          • Sales
          • Purchase
          • Accounting
          • Inventory
          • Warehouse
          • Manufacturing
          • API/Integrations
          • B2B
          • Security
        • Email Templates
          • What is Email Templates module?
          • Creating Email Templates
        • Default Document Templates
          • What is Default Document Templates Module?
          • Setting Default Document Templates
    • Planning
      • Budgets
    • Reports
      • Analytics Report Explained
      • Accounting
        • Adjusted Trial Balance
          • Accessing Adjusted Trial Balance Report
          • Adjusted Trial Balance Fields
        • Unadjusted Trial Balance
          • Accessing Unadjusted Trial Balance Report
          • Unadjusted Trial Balance Fields
        • Budget Vs Actual BS
        • Budget Vs Actual PL
        • Cash Flow Statement
        • Income Statement By Class
        • Transaction Journal
        • Unadjusted Trial Balance
        • Income Statement Analytics
        • Balance Sheet Summary
      • Sales
        • AR Aging Report
          • Accessing AR Aging Report
          • AR Aging Report Fields
        • Profitability by Account Report
          • Profitability by Account Report Fields
        • Profitability by Brand Report
          • Profitability by Brand Report Fields
        • Sales by Sales Rep Report
          • Sales by Sales Rep Report Fields
        • Sales By Item Summary
          • Sales By Item Summary Fields
        • Sales By Sales Rep Profit Comp
          • Sales By Sales Rep Profit Comp Components
        • Sales Order Detail By Delivery Date
          • Sales Order Detail By Delivery Date Fields
        • Sales Summary Report
        • Sales Order Activity By Date
        • New and Repeat Customers Report
        • Sales Tax Report
        • Open Orders Report (By Ship Date)
        • Sales by Sales Rep (Accrual)
        • Sales By Sales Rep (Cash Basis)
      • Purchase
        • AP Aging Report
          • Accessing AP Aging Report
          • AP Aging Report Fields
        • Vendor Balance Summary
        • Purchase Order Detail By Delivery Date
          • Purchase Order Detail By Delivery Date Fields
        • Received Items By Date
        • Purchased Items Report
      • Profit and Loss
        • Income Statement
        • Income Statement By Store
        • Income Statement By Comparison
      • Operation
        • Available to Sell (ATS) Report
          • Available to Sell (ATS) Report Components
        • Inventory Overview Report
          • Inventory Overview Report Fields
        • Inventory Valuation Summary
          • Inventory Valuation Summary Fields
          • Inventory Valuation
        • Inventory Snapshot Analytics
        • Activity Tracking Report
    • Connect Banks
  • XoroWMS
    • XoroWMS Basics
    • WMS Pick
      • Pick
        • Pick Strategy
        • Pick Task Assignment
          • Replenishments
        • Scan Cart Location
        • Scan Pick Location
        • Enter Item & Qty
        • Pick Options
        • How to Pick?
      • Edit Qty
      • New Carton
      • Stage
      • Replen Putaway
      • Consolidate
      • Palletize
      • Move Pallet
    • WMS Receive
      • Receive
        • Scan ASN
        • Receive By Item
        • Receive By Mixed Carton
        • Scan ILPN
        • LPN Attributes
        • Scan Pallet
        • Scan Stage Location
        • How to Receive?
      • Edit LPN Qty
      • Edit LPN Attributes
      • Putaway
      • Move Pallet
      • Print Label
      • Move LPN
    • Manufacturing
    • Move
    • Packing
    • Lookup
      • ILPN Lookup
      • OLPN Lookup
      • Location Lookup
      • Item Lookup
      • Pallet Lookup
      • Order Lookup
    • Cycle Count
    • Audit
  • XoroPay
  • Other Products
    • Xoro3PL
      • 3PL Contract
      • 3PL Account
        • What is 3PL Account?
        • Creating a 3PL Account
      • 3PL Charge Entry
      • Generate 3PL Invoice
      • 3PL Invoice Logs
      • 3PL Storage Inventory Snapshot
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  1. XoroERP
  2. Accounting

Bank Deposit

PreviousFunds Transfer Centre FieldsNextWhat is a Bank Deposit?

Last updated 1 year ago

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What is a Bank Deposit?
Creating Bank Deposits
Bank Deposit Options