From a prior thread in my FAQ pending file:
The category part is easy. You use the split. But the tougher part is if you
want to list all of the payees. A Money transaction allows one Payee, no
matter how many splits. This makes it hard to list ten payees for ten checks
in one split transaction.
1a) Ignore the payees and put them all in one split transaction.
1b) Put the payees in the memo(s) and make the Payee something like
2) "Deposit" all the checks in separate transactions to some Money account
that is not the real world Bank account. If you have a pocket change
account, for instance, this is a good place to do it. Then do a single
transfer of the total amount to the actual account where these are
3) Ignore the fact that you deposited them in one deposit and create
multiple Money transactions. This makes it slightly more difficult to
reconcile vs. the bank statement since you have to remember that all of
these small deposits in Money add up to that large deposit on the statement.
Re. #1, since a Money Paycheck is a special type of split, if one of the
items deposited is a paycheck and you do full accounting in a Paycheck
transaction, adding other checks to this deposits probably causes more
confusion than it is worth. But you could do it. Just add them to the after
#3 causes grief for those who download transaction data.
> I see that multiple checks can be deposited through Money
> which works so long as that none of the checks are payroll
> checks where taxes are being recorded. If I go to include
> a payroll check along with others in a single deposit, I
> can't do it. I have to deposit payroll checks
> independently. This is a bigger issue if you are working
> with online banking and reconciliation. When the data
> comes from your bank, it can't find the proper amount of
> the deposit (every time you connect).
> Anyone know the solution or is this a flaw in the program?
> Thanks in advance