What is a deposit in transit?
A deposit in transit is cash (currency,coins,checks,electronic transfers) that a company has received and is rightfully reported as Cash on its balance sheet,but does not appear on the bank statement until a later date.
简单的说就是公司到账但银行未到账的银行存款.比如说月末最后一天公司账户收入10000元,但是银行端未在月末最后一天显示到账,而是在下月1日显示到账.