# Deposit in transit

> Deposit in transit — A receipt recorded in the book cash account but not yet on the bank statement — added to the bank balance in a reconciliation.

Source: https://lopifi.com/glossary/deposit-in-transit
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

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**What is deposit in transit?** In accounting, deposit in transit means a receipt recorded in the book cash account but not yet on the bank statement — added to the bank balance in a reconciliation.

## Words this system refuses for it

- pending deposit

- **Category:** Cash
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Related:** reconciliation, statement, account