NEW darwin.Cloud feature: Store deposit receipts online
Store copies of your deposit receipts online.
More and more banking is moving online. It’s likely that you have a scanner in your office for deposits and no one in your company even goes to the bank anymore. But even more important for CFOs is that handling of bank deposits is getting decentralized.
As your company grows, you will have offices in different cities and different states. Escrow deposits and the commission checks for closings are likely coming into your offices - all over the place. In olden days, there was a common practice of using a courier to pickup deposits and other vital paperwork and ferry it to the centralized accounting office.
No one does this anymore. Now, the local front desk staff can receive the deposits. They can “scan” and deposit them into the bank - and they can record them in darwin.Cloud.
It doesn’t take ANY accounting skill to correctly record a deposit in darwin - and now, your CFO can prove the deposit was entered correctly. With every deposit in darwin, you can now store a scanned copy of the deposit slip. Take advantage of this feature to control accuracy - and prevent any mis-appropriation of money as your organization grows and your staff becomes more dispersed.
Watch this short video to see how to store copies of your bank deposit receipts in darwin.Cloud
Ready to evolve?
Request a demo or learn more about the power of darwin.