Bank deposit

Meaning

A bank deposit is the money you have put in your business bank account. The process of doing it is called depositing money.

Key points

• Bank deposit appears frequently in invoicing, payment handling, and bookkeeping workflows.
• The term improves clarity between clients, suppliers, and accounting teams.
• Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, bank deposit is used to keep invoice and payment operations structured and auditable.