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OMBA’s banking module is the central hub for all cash movements in your business. Every deposit you receive and every payment you make is recorded here, linked to the chart of accounts, and automatically posted to the general ledger. The module also includes a bank reconciliation workspace where you compare your OMBA cashbook against your actual bank statement and process any outstanding items.
Before you record any banking transactions, make sure you have set up at least one bank account in the Chart of Accounts under Administration > Accounts. Each bank account is a ledger account with an account type of Bank. The deposit and payment forms pull the bank selection list directly from these accounts. If no bank accounts exist, the Bank drop-down on the transaction forms will be empty.

Deposits

A deposit records money received into a bank account — for example, a customer payment, a receipt from a debtor, or any other inflow. In OMBA, deposits use a transaction builder pattern: you add individual line items to a list, review the totals, then process the entire batch as a single transaction.

Deposit transaction fields

FieldDescription
DateThe value date of the deposit
Bank (Received Into)The bank account the funds are being deposited into
Payment typeThe method of payment (EFT, cash, card, etc.)
Payment reference #Cheque number, EFT reference, or any other payment reference
Account – Paid fromThe general ledger account the deposit is coming from (e.g. a debtor account)
Overdue invoicesOptional — link the deposit to an outstanding invoice
DescriptionNarrative describing the transaction
Total amountGross amount of the deposit line
Withheld amountAny tax withholding deducted from the payment
Net amountCalculated automatically as total amount minus withheld amount

Recording a deposit

1

Open Deposits

Navigate to Banking > Deposits. The screen shows the list of existing deposit transactions.
2

Click New

Click the New button in the toolbar to open the Deposit Transaction Builder.
3

Set the date and bank account

Select the Date of the deposit using the date picker. Then choose the Bank (Received Into) — the bank account where the funds will land. This account appears as the debit side of the journal entry.
4

Choose the payment type and reference

Select the Payment Type (for example, EFT, cheque, or cash). Enter the Payment Reference # — for a cheque this is the cheque number; for an EFT this is the bank reference number.
5

Select the source account and invoice

Choose the Account – Paid From from the chart of accounts. This is the credit side of the journal entry (typically a debtor or income account). If the deposit settles an outstanding invoice, select it from the Overdue Invoices drop-down — OMBA will link the payment to the invoice for debtor reconciliation.
6

Enter the amount and add to the list

Type the Total Amount. If a withholding tax applies, enter it in Withheld Amount — OMBA calculates the Net Amount automatically. Click Add to List to stage the line item. Repeat this step for additional lines in the same deposit run.
7

Attach supporting documents

Use the upload area in the footer to attach a PDF copy of the deposit slip or remittance advice. Only PDF files are accepted.
8

Process the deposit

Review the totals row at the bottom of the list. When everything is correct, click Process. OMBA posts the journal entries to the general ledger and records the transaction in the cashbook.

Payments (withdrawals)

Payments record money leaving a bank account — supplier payments, expense reimbursements, or any other outflow. The payment form mirrors the deposit form exactly, with the bank account field labelled Bank (Paid From) and the account field labelled Account – Received By. Go to Banking > Payments, click New, and follow the same builder pattern: fill in the header fields, enter each payment line and click Add to List, optionally attach a PDF, then click Process to post the transaction. The journal entry OMBA creates credits the bank account (reducing the balance) and debits the expense or creditor account you selected.
You can enter multiple lines in a single payment run — for example, to batch-pay several supplier invoices in one transaction. Each line can reference a different account and invoice. All lines share the same date, bank account, and payment reference.

Cheques and bank reconciliation

The Banking > Bank Reconciliation screen (also referred to as cheques in the system) serves two related purposes: tracking cheque numbers on individual transactions, and reconciling your OMBA cashbook against your bank statement.

How cheque numbers work

When recording a deposit or payment, the Payment Reference # field accepts a cheque number. This reference is stored with the transaction and appears in the reconciliation cashbook view under the Cheque # column. You can filter the cashbook by cheque number to locate specific transactions quickly.

Reconciling your cashbook

The reconciliation workspace lets you load all cashbook entries for a selected bank account and date range, then tick them off against your actual bank statement.
1

Open Bank Reconciliation

Go to Banking > Bank Reconciliation. The header section contains all the controls you need.
2

Select the bank account and period

Choose the Bank account from the drop-down. Set the From and To dates to match the period on your bank statement.
3

Enter the statement closing balance

Type the closing balance from your bank statement into the Statement Balance field. OMBA uses this to calculate the difference between the statement and your cashbook.
4

Load the cashbook

Click Load. OMBA populates the cashbook grid with all deposits and payments for the selected account and period, showing the date, reference, description, cheque number, deposit amount, and withdrawal amount for each entry.
5

Match transactions

Work through the cashbook entries and click the tick (process) button on each row that appears on your bank statement. OMBA marks the item as confirmed. The Reconciled total in the footer updates as you work.
6

Review the summary totals

The footer shows five summary figures: Cashbook Balance, Previous Cashbook Balance, Reconciled (matched total), Outstanding (unmatched total), and Difference (cashbook balance minus statement balance). When the difference reaches zero, your books agree with the bank.
7

Handle outstanding statement items

Switch to the Outstanding from Statement tab to view transactions that appear on the bank statement but not yet in OMBA. For each row, assign an Account, add a Ref, choose the Payment Type, and set the Withheld amount if applicable. Click Process Data to post these items to the cashbook and general ledger.

Importing a bank statement

The reconciliation screen also supports importing statement data from an Excel file. Before uploading, map the column positions of your spreadsheet to OMBA’s fields using the column-number inputs in the import bar:
InputWhat to enter
DateColumn number containing transaction dates
DebitColumn number containing debit (deposit) amounts
CreditColumn number containing credit (withdrawal) amounts
DetailsColumn number containing the transaction description
ChequeColumn number containing cheque or reference numbers
Upload the Excel file using the Statement File uploader, then click Process Excel. OMBA reads the file, maps the columns, and loads the statement lines into the Outstanding view for you to assign accounts and process.
Clicking Reset in the reconciliation actions menu will uncheck all currently matched (confirmed) items for the selected period. Use this only if you need to start the reconciliation from scratch. The action prompts for confirmation before proceeding.

How banking transactions post to the general ledger

Every deposit and payment you process in the banking module creates a double-entry journal:
Transaction typeDebitCredit
DepositBank account (Received Into)Source account (Paid From)
PaymentDestination account (Received By)Bank account (Paid From)
The accounts involved are drawn directly from your chart of accounts. OMBA links the sub-account (classification) to the transaction line, so you can drill from any journal entry back to the originating banking transaction and from there to the supporting document you attached. Bank account balances shown in the reconciliation cashbook balance field reflect all processed transactions. Transactions that have been entered but not yet processed (still in the builder list) are not posted and do not affect the cashbook balance until you click Process.