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Transaction Editor |
  
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Transaction Editor |
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Multimedia Presentation
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Click icon to watch video on Internet (Example 6) which shows transactions being entered. |
Click a toolbar button to create a new transaction, or select a record to edit simply by clicking on it in the list, or by using the up and down arrow keys.
You can resize the form or expand it to screen size using the system buttons at the top of the window. The program remembers the size and position of the form when next you use it.
Prepares the editor form to add a new item. You can also click the associated down-arrow for the option of automatically entering recurring dates - such as recurring loan, lease or repayment dates. Click the Save button to store your edits, or click the Debt/Debit or Payment/Credit button to save and start a new item.
Prepares the editor form to add a new item. You can also click the associated down-arrow for the option of automatically entering recurring dates - such as recurring loan, lease or repayment dates.
Shows a further menu from which to select an amount of Interest received or paid. Prepares the editor form to add a new item.
This should only be used in Shadow Mode when you are checking someone else's interest calculations.
Saves any edits you have made to the current record but does not exit the form.
Cancels any unsaved edits you have made to the current record but does not exit the form.
Deletes the currently selected record.
This will leave the form and abandon any edits you made since entering the form.
This will leave the form and save any edits you are currently making. If you wish to leave the form and cancel any pending edits, then click the x in the top right corner of the form window.
Access to onlone help and other respources, including My Notes which lets you record notes about your calculations.
The transaction date is the date that the transaction actually occurred. This may be different than the date that interest is calculated from because interest is only payable when the amount becomes overdue.
For example a purchase may have been made on June 1st (the Transaction date) but 30 day credit terms may have applied so that the debt is not overdue until 30 days later.
The Due Date records when the amount is actually due.
Similarly, in the case of payments made, the transaction date is the day that the <%LCCHEQUE%> was given, but the funds may not have been cleared until several days later.
Enter a description for the transaction. Every different description used is added to the drop-down list to save retyping.
Amount (Debit/Credit/Interest)
The amount of the transaction goes here. The caption will vary according to whether you are entering a debit, credit, debit interest or credit interest.
When clicked, the button that displays the caption, reveals a drop down menu that enables you to change the type of transaction. For instance an amount entered as a debit can be changed to a credit and so on.
Interest is calculated on Principal items but not on Non-principal items. If interest should not be calculated on a particular item then deselect the Interest Applies box. The item will henceforth be treated as Non-principal and accounted for as such. Interest will not be calculated on it, and it takes a different priority in the Dr/Cr Application Order.
Same as Transaction Date
The due date from which interest will be payable or credits applied is the same day as the transaction date.
N Days from Transaction Date
The due date from which interest will be payable or credits applied is the given number of days before or after the transaction date. Use a negative number to denote days before the transaction date.
Other Specified Date
The due date from which interest will be payable or credits applied is date you specify.
