Entering outstanding checks or bank charges

When working with a bank charge, you can type Bank Charge in the Check# box on the 1-1 Checks/Bank Charges window. You can also type it as BCmm/dd/yyyy (where mm/dd/yyyy is the actual date of the bank charge). Sage 100 Contractor saves the information and displays the resulting transaction the 1-5 Bank Reconciliation window with Bank Charge in the transaction number (Trans#) column in the checks area.

Caution! Do not enter a vendor number. It would otherwise affect the Vendor 1099 balances. The Vendor 1099 balances are set up later.

To enter outstanding checks or bank charges:

1 Open 1-1 Checks/Bank Charges.
2 In the Account# box, enter the ledger account number for the bank account.
3 In the Check# box, enter the check number.
4 In the Date box, enter the date of the check.
5 In the Description box, enter a brief statement about the transaction.
6 In the Status list, click 1-Open.
7 In the grid, do the following:
a In the Description cell, enter a brief statement about the item.
b In the Account cell, enter the clearing account number.
c In the Debit Amount cell, enter the amount.
8 Repeat step 7 for each item that you want to include in the check.
9 On the File menu, click Save.
10 Repeat steps 3–9 until you have entered all outstanding checks for the account.

Links to more information . . .

More resources

For additional online resources for Sage 100 Contractor products, visit the Sage Customer Portal. Use the portal to access the knowledgebase, chat online with customer support, or enter a customer support ticket.

For additional training on Sage products, visit Sage University.