button. Then
select the 
tab to get to the Bank Accounts Screen. This screen summarizes your bank account balance by category of funds, bank allocations and transaction processing.
From the
main screen of CollectMax, click the button. Then
select the tab to get to the Bank Accounts Screen.
Select the Bank Account you want to review from the Bank Acct selection window:
Click the
and select the account from the list.
The Account Balance Stack panel will appear in the upper right hand corner of the Bank Transactions Screen:
Balance: Account balance as of last Account Reconciliation. If no reconciliation has be processed this amount will be zero. How To Reconcile
Deposits: Total of Posted Deposits since last reconciliation. Deposit History
Undeposited Funds: Total of Pending Deposits. Pending Deposits
Disbursements: Total of Printed Checks and Disbursements (when checks are turned off) .
Checks Pending: Total of Un-printed Checks on the Pending Checks screen.
Adjustments: Total of Bank Account Adjustments Bank Adjustment Transaction
Charges: Total of Bank Service Charges Bank Charge
Interest: Total of accrued interest if this bank account is interest bearing. Bank Interest
Credits: This category is not currently used.
Total: The total of the above balances, which should reflect the balance in the checking account.
This panel displays the allocation of funds in the selected Bank Account.
The Allocations panel will appear in the lower right hand corner of the Bank Accounts Screen:
For Trust Accounts:
General Funds: Funds that are non-client specific, such as interest and adjustments.
Client Funds: Funds representing client money, such as payments and future cost funds.
For Firm Operating Accounts (cost monitoring):
General Funds: All Funds except for Cost funds.
Costs Allocation: Funds "earmarked" for Costs when they were deposited in the Firm account. These funds will be used to write cost checks.
Bank Account Transactions allow you to record such things as bank charges, adjustments and interest earned on the Trust account as well as record bank deposits, disbursements, charges, adjustments and interest earned on the Firm account.
The following transactions may be available depending on the bank account you have chosen.
Bank Disbursement (available only in the Firm Bank Account).
Bank Deposits (available only in the Firm Bank Account).