Xpress Teller Miscellaneous Receipts

Screen ID:

Screen Title:

Panel Number:

TSBMSR-01

n/a

7106

Click here to magnify

Access this screen by selecting Misc. Receipts on the Deposits/Withdrawals screen.

Helpful Resources

Overview: Xpress Teller

Screen Overview

This screen is used to log the cash purchase of miscellaneous items, such as traveler's cheques, postage stamps, or special event tickets. When the system processes a Misc. Receipt, it credits (deposits to) an assigned G/L account and debits (withdraws from) cash.

All miscellaneous receipt codes are credit union-defined and correlate to a specific General Ledger account number. If there is no code set up for the transaction you are performing, if allowed by your credit union's configuration, you may use code 999 and enter a G/L number manually.

Each time a miscellaneous receipt is posted, a zero dollar memo record is added to the member's transaction history under the 000 membership share. If the 000 is hidden, then the transaction will be found in the first savings or checking account for that membership (lowest suffix.) If the membership only has loans, then no zero dollar transaction is created.

Use Save & Return to return to the Deposits/Withdrawals screen where you can post the Miscellaneous Receipt.

This miscellaneous receipt screen differs from the one used by the Phone Operator system. In Phone Operator Miscellaneous Receipts, the transaction is posted and marked as a direct withdrawal from the member's account. Here, the transaction is handled as a cash payment on the miscellaneous receipt.

For example, if a member wants to make a cash purchase of traveler's cheques, this Misc. Receipts screen is appropriate. However, for a purchase of traveler's cheques directly from a member account, the phone system is best, because member inquiry and statements will show the withdrawal for miscellaneous receipts.

NOTE: A miscellaneous receipt code can be configured to automatically charge a fee (sales tax or other fee) without the need to enter a separate miscellaneous receipt code for the fee. SEE: Miscellaneous Posting Code configuration. If the fee is charged as a flat fee using this method (as opposed to a percentage fee) each item will need to be added individually.
If you wish to just add the amount and code (without using the lookup for the code), use Enter to quickly confirm everything is correct, as it will cause the Receipt Description field to be populated.

A Check Cashing/Negotiation Fee field will appear at the bottom of the screen if your credit union has activated check cashing fees, and you have turned on the Charge if deposit or M/R flag. This field will show the calculated check “negotiation” fee to be charged to the member for this transaction. This amount is subtracted from the Total Funds In amount. If allowed, you may be able to clear or change the amount in this field. Changes made will appear on the Fee Waiver Information report.

If a fee code has been associated with the Miscellaneous Receipt code, the amount will appear in the Other misc fees line. SEE: Miscellaneous Posting Code configuration

NOTE: If the fee has been configured as a flat fee, each item will need to be entered individually, for example, each traveler’s check will need to be charged individually. If the fee is a percentage of amount fee, then all items can be charged in one transaction.

Payments to an Off Trial Balance (OTB) Account

If you wish to make a payment or transfer to an OTB account (such as a loan payment), select a Miscellaneous Receipt code from the list to be used for OTB transfers. You will move to a listing of OTB accounts for the member. Once you select an account you will return to this screen where you can enter additional miscellaneous receipt items on the screen. The account selected will appear in the OTB Account # line.

When done with your transaction, use F5-Post to complete the transaction. If this workstation is configured to produce receipts, a receipt will be printed with all of the transactions for the same base account number on one receipt. The receipt gives information on what was posted plus any available balance information for the account types affected.

Field Descriptions

Field Name	Description
Amount	Enter the amount to be charged to the G/L account.
Code	Enter the appropriate Misc. Receipt code for this transaction. Click $images\magnifyingglasslookup_shg.gif$ for a list of configured codes. NOTE: An amount must first be entered in order for this lookup to work. No 999 can be entered in this screen as with Standard Teller. The G/L is selected from the Miscellaneous Posting Code configuration.
Receipt Description	Type an optional description of the transaction to appear on the member's receipt. This could include an appropriate account number, date, etc. If no description is entered, the description from the Misc. Receipt code will be used.