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How to use bank deposits in Business Central


With the release of Business Central Wave 1 in April 2022, came the ability to use Bank Deposits.

This feature is available within the Cash Management on the Business Manager and Account Role Centres. Alternatively you can just search for the ‘Bank Deposits’ page within Business Central.

Bank deposits allow the user to view all of the transactions included in a deposit in a more user friendly visual.

This feature can also make carrying out bank reconciliations simpler when posting as a lump sum, as you’ll be posting all transactions that are within a single bank deposit.

What do I do?

The deposit card is a new document for creation Bank transactions.

Follow the steps below to create a Bank deposit.

1. Create new Deposit Card and add related information.

2. Post as a Lump Sum – This is the rule for how to post entries for Bank entries.

Bank Deposits will now be included in your Bank Reconciliations.

NOTE: The “Undo Deposit” function is coming soon. It is however currently possible to cancel deposit entries – you can use Reverse G/L register.

Additional Information

For further information on ‘What’s new in Bank and Payment Reconciliation & Bank Deposits’, take a look at this video from Microsoft.

Further Information

If you have any questions about this or need assistance, then please contact the GCC Group Support Team on 0345 260 1151 or

Microsoft Dynamics 365 Business Central

Connect, collaborate, and grow your business with the power of Microsoft Dynamics 365 Business Central

Dynamics 365 Business Central is a cloud-based, all-in-one ERP business management solution from Microsoft. 

Designed to integrate with the full Microsoft suite – such as Outlook, Excel, and Power Apps – Business Central can connect and automate your business from managing your accounts, stock, projects, manufacturing and sales.

Become a smarter, more agile, and better-informed business with Business Central – a solution which can evolve and grow as your business grows.

Business Central is flexible to suit any business needs so simply choose which modules are needed for your business.

Speak to a member of the GCC team and find out more about Dynamics 365 Business Central.