Property Tree: 08. Manual receipt type Unknown - Video

In this video, we will look at how to manually receipt to receipt type Unknown. Unknown Funds Receipt Type is used when you receive funds into your Trust from an unknown source and therefore are not able to receipt them to a particular Profile.  Receipting funds to Unknown allows you to account for the funds in your Bank Reconciliation and allocate them later once you know where they belong.

At the end of this video, you will be able to:

• Know how and when to receipt funds to the receipt type Unknown
• Track and report on the funds once receipted