Use the Batch Now option when posting receipts

TABLE OF CONTENTS

• Introduction
• Use the Batch Now option when you post receipts

Introduction

When posting cheques, selecting the Batch Now option will treat all the transaction as a single posting to the bank. It replicates using a paying in slip to deposit a batch of cheques at the bank, with only one banking transaction to reconcile in your bank reconciliation.

Use the Batch Now option when you post receipts

1. In Fees>Collections>Post Receipts and Refunds select the transactions to post.

2. Select the Print/Post Receipts/Refunds button.

   
3. In the Post Manual Receipts/Refunds screen, select Batch Now. 
4. Update the Batch Date to match the actual banking date.
5. Enter a Batch Description e.g., Paying in slip reference.
6. Select Post and follow the normal posting sequence.
7. The reports will show a single transaction to the Debtors control and Bank Account(s) selected.

Note: This posting option is also available in the Fees>Collections>Receive or Refund Deposits screen.

For more information on posting methods, please see the Engage Fees Collections guide (Post Receipts and Refunds section).