Deposits on Hand allows your organization to have "banking-type" capability for managing savings accounts.
Note: The use of levels (such as funds and departments) is optional in the design of each chart of accounts. If the chart of accounts you are working with does not use levels then you would simply skip over information about these fields in the documentation.
Features and Benefits:
•Unlimited number of savings accounts and time deposits (CDs, etc.).
•Management for churches and individuals
•Complete transaction management: deposits, withdrawals, printed and manual check tracking, interest paid, early withdrawal penalties.
•Organization-specified interest rates.
•Flexible interest management: compounded daily, month-end basis, etc.
Refer to the Dashboard page for information about the widgets that display on the dashboard for each application.