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Which accounting package are you using? The Avanquest Computer Utilities doesn't have an accounting section to my knowledge. If you have Quickbooks, go to Banking (in the Menu Bar) and select Make Deposits. There will be a button to see the funds in the Undeposited list. Check each one and select the account into which the deposits are going. Then click Deposit (or whatever the button is for your version). Then Save, if needed.
I've used Quickbooks 2009-2012. There have been slight differences between the versions.
I hope this helps. Please give more information so that I can double-check the titles/buttons for your accounting software.
Cindy Wells (My family business is set up so that I usually enter sales and another person enters the deposits on another day.)
Error 5 indicates that no solution exists. In this particular case, you're asking for the interest rate on a savings account that pays you 10,000 now and an additional 20,000 10 years later. (Or a loan where you pay 10,000 now and an additional 20,000 10 years later.)
Either PV or FV should be negative. For example, if you deposit 10,000 in a savings account and withdraw 20,000 10 years later, use -10,000 for FV.
James Street will have to deposit $5910 dollars each year, for eight years, into that "planning" account. Compounded annually, it will be just enough to cover the four amounts to be withdrawn from the account on years 7($18,000), 8($19,000), 9($20,000) and 10($21,000) of the account. Comes down to about $9 left in the account upon the last withdrawal.
The income is registered in the sales receipt. The money received is in an account called "undeposited funds". When you make a deposit you tranfer from undeposited funds to the bank account. See deposit help in QuickBooks
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