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Hi Acorn
There are two ways money is receipted into your bank account
1) money put into your bank directly from another bank account . ie transfer from other business account of the business b) and Bacs receipts also now seen as DPC TSU on from your customers /Debtors bank statements
2) Lodgements are money that is lodged at a bank branch over the counter or fast lodgements at the bank . These are made up of Cash and Cheques. They are still referred to as lodgements regardless even when they have cleared through the bank.
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