5. Press ˜ | , select the desired account TYPE from the |
list, press | ENTER to close the list and then press |
NEXT . |
|
+The account type describes the purpose of the account and determines the exact terms used to describe debit and credit transactions. (eg. Credit Card=Charge/Payment, Bank=Payment/Deposit, Cash=Spend/Receive).
The account type is also one of the selection criteria used for the Filter function (see p.143).
The cursor moves to the OPENING BAL field.
6.Enter the account’s OPENING BALance (maximum 8 digits plus 2 decimal places) followed by NEXT .
+Take care when entering the opening balance for a new account, as an incorrect value will cause subsequent account operations to result in further
incorrect balances. The method of determining the starting balance depends on the account type:
BANK – Use the “Closing Balance” shown on your most recent bank statement.
CREDIT– Use the “New Balance” shown on your
CARD | latest credit card statement. Even though this |
| represents a debit ie. an amount that you |
| owe, you should enter the amount as it |
| appears on your statement, ie. without a |
| minus sign |
| calculations, the Organizer knows that an |
| amount in a CREDIT CARD account is |
| actually a debit. |
CASH – Enter the total amount of cash you have at the present time.
The cursor moves to the ACCOUNT DATA field.
7.The ACCOUNT DATA (up to 25 characters) is optional and designed to supplement the NAME and TYPE fields. This field could be used to record the account number, for instance. Press NEXT .
The cursor moves to the NOTE field.
8.Again the NOTE field (up to 25 characters) is optional. It is designed to provide further information about the purpose and usage of the account (eg. account phone number).
9.Press ENTER to store the new account details.
