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The following examples cover common farm business transactions. We start with simple single category transactions and move to more complex multiple category income and expense transactions. You will learn how to enter, edit, void and memorize transactions.
Example 17: ATM Withdrawal
On your way through town, you stop by the ATM machine and withdraw $50.00 from your farm checking account.
| Num: | Click the down arrow in the Num field, Click ATM. |
| Date: | Click the Date field. Use the "+" key to advance the date one day at a time or the "-" key to backup one day at a time. |
| Payee: | Click on the Payee field, Type Cash. |
| Payment: | Click on the Payment field, Type 50.00. |
| Category/Class: | Click the down arrow in the Category field, Click [Cash Account], Type /g (for Gen Farm class). |
| Record: | Click Enter. |
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**NOTE** Go to your Cash account to check your current cash balance.
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Keith L. Smith, Associate Vice President for Ag. Adm. and Director, OSU Extension.
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