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Questions and Answers
What should you do to ensure accuracy before submitting a deposit?
You should ensure the total entered matches the deposit amount and check for any discrepancies.
How can you review and correct errors in your deposit before submission?
Use the Update tab to review for errors and correct the highlighted line items.
What is the function of the Submit button in the deposit process?
Clicking the Submit button processes the batch, the time for which may vary.
What options do you have if you need to remove items from your deposit entry?
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What does it mean if there are highlighted line items in your deposit entry?
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Study Notes
Balancing and Submitting Deposits
- Total entered must match the designated deposit amount to ensure accuracy.
- Discrepancies should be promptly identified and rectified before submission.
- The Update tab is essential for reviewing entries; it highlights errors for easy correction.
- Submission of the batch is initiated by clicking the Submit button; be aware that processing times may vary.
- Utilize the Remove function to eliminate specific line items that are incorrect.
- The Cancel option allows you to discard all unsaved changes if needed.
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Description
Test your knowledge on balancing and submitting deposits. This quiz covers the essential steps to ensure accuracy in your deposit submissions and corrections using the Update tab. Learn how to efficiently manage discrepancies and finalize your batch.
