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The instructions in this article relate to Set Bank Overdraft Limit. The icon may be located on your StrataMax Desktop or found using the StrataMax Search. |
Set Bank Overdraft Limit offers the ability to record an overdraft limit per building which can assist in ensuring that you are prompted when creating a transaction that is going to exceed the bank balance. This facility is a warning only and does not allow the actual bank account to have an overdraft applied.
Set Bank Overdraft Limit will include a warning when creating Creditor Invoices that may overdraw the bank account, and also in Transaction Entry. The Overdraft Limit when set also displays within the Bank Balances screen. Also included when this is set, is an on-screen confirmation via Payments which includes the bank balance and any overdraft limit that may have been applied from this area. Search or select Bank Balances.
- Search or select Set Bank Overdraft Limit.
- Click Insert.
- Enter the required value for the Overdraft. (Credit for minimum balance)
- Click OK and enter a Reason.
- Click OK.
- Toggle Min GST will allow for a minimum balance to be set to include amounts owing for GST.
- Report will export the information into an Excel worksheet.
