Import Outstanding Checks and Deposits in Transit – GoldFinch Clientcare

Applies toData Conversion

AudienceAll users

Last updatedDecember 18, 2025

In this article

Domestic Bank Accounts

Prepare a List: Create a list of outstanding checks and deposits in transit, including the following details:

Example:

Posting Date	Document No.	GL Account	Amount	Comment
12/31/24	11111	1000-Bank Account	-100	Outstanding Check
12/31/24	22222	1000-Bank Account	-200	Outstanding Check
12/31/24	33333	1000-Bank Account	400	Deposit in Transit
12/31/24	Beg Balance	1000-Bank Account	1000	Beginning Bank Balance

Follow the instructions on the following page to set up foreign bank accounts:

Step 2: Prepare a List: Create a list of outstanding checks and deposits in transit, including the following details:

Example:

Posting Date	Document No.	GL Account	Amount	Foreign Currency Code	Foreign Amount	Comment
12/31/24	11111	1001-Bank Account Euro	-100	Euro	-96	Outstanding Check
12/31/24	22222	1001-Bank Account Euro	-200	Euro	-192	Outstanding Check
12/31/24	33333	1001-Bank Account Euro	-400	Euro	-384	Deposit in Transit
12/31/24	Beg Balance	1001-Bank Account Euro	1000	Euro	960	Beginning Bank Balance

Use the General Journal to enter and post the required entries.

Offset Account:
- An Offset GL Account must be used to ensure the journal entry balances.
Posting Date:
- The posting date must be set to one day before the go-live date.
Total Amount:
- The total amount must match the bank account’s book balance.

Article Import-Outstanding-Checks-and-Deposits-in-Transit · Last updated December 18, 2025 · GoldFinch ERP Help Center