Deposit with Negative amounts

Monica Reyes · April 2

Is it possible to enter a deposit to include a negative amount to record the processing fee for a paymemt?

Kevin Brazell · April 2

As long as the payment / deposit has a positive value , you can. Here is a KB to how to use them : https://kb.blackbaud.com/knowledgebase/articles/Article/204185

Here is an example of how it's entered, and how it shows on validation / post report:

Shana Meadows · April 6

RE batches that have negatives in them that need to make a deposit don't seem to be able to come over. Is there a way to handle the RE information and have it come over as a deposit?

Roberta A. Gilbert · April 15

https://community.blackbaud.com/discussion/comment/312602#Comment_312602

We don't add the fees in RE at all, unless the donor has increased their gift to cover any fees.. I pull in the deposits to FE first, where they arrive as unposted JEs. Then I add rows to the appropriate JE to adjust for the fees in FE only.

Deposit with Negative amounts

Best Answer

Answers

Categories