Recording Bank Interest earned

To record bank interest that you have earned in an account you use the “Deposit Book” screen.

The deposit book screen is used to record the receipt of money into a bank account that is not related to sales or purchases.

The "Deposit Book" screen is accessible from the "Banking" menu.

To create a new deposit press the "+" button at the top right of the screen.

Select the bank account that the bank interest was deposited into. Set this in the "Bank Account" field.

Select the account that the money relates to. For bank interest this would be something like "Interest Earned" revenue account.

Enter a description, select the date when the money was received, and enter the amount of the interest that was received.