Make Deposit tab of the Make Deposits screen allows you to record a new deposit for your bank account. By default, all payments are saved to the Undeposited Funds account and need to be deposited to the respective bank accounts.
The following are descriptions of fields on the Make Deposits-Make Deposit screen:
Deposit To:
Bank account into which you want to deposit the payment. The drop-down list displays all your bank accounts. This field will be pre-selected with the default account set in Global Settings, but you can change it here.
Date:
Date when the payment is deposited. By default, today's date is selected.
Balance:
This displays the ending balance of the selected bank account.
Reference:
Reference number associated with a payment.
Memo:
You can enter any notes related to the deposit in the memo box.
Make Deposits Grid
Depositor ID:
ID of the person from whom payment to be deposited has been received. Typically, it is the client from whom you have received a payment on invoices.
From Account:
This is the account from which the payment is to be deposited. By default, all payments are saved to the Undeposited Funds account and need to be deposited to the respective bank accounts. The drop-down list does not include non-posting accounts (transaction such as purchase orders, sales orders, or pending invoices).
Pay Method:
This is the method used by the depositor or client to make a payment, such as, check, credit card, and so on.
Pay Amount:
Amount of payment made by the client. This amount is available in the Undeposited Funds account, waiting to be deposited into a bank account.
Pay Memo:
Notes or memo attached with a payment. It can display the invoice number associated with the payment or any other information.
Pay Reference:
This is the reference number associated with a payment. It can display the routing number or check number in some cases.
Payment Date:
This is the date when the payment was received from the client. This information can be used to make deposits based on the order of oldest-to-newest payment date.
Type:
Indicates the type of payment received. For example, it
displays 
when it is a client payment.