Articles tagged: payment
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How to Delete a Payment
Updated on: Oct 08, 2014If you incorrectly added a payment and need to delete it, simply reverse it.
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How to Add a Payment
Updated on: Oct 08, 2014There are two ways to add a payment on a child's account.
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Allocate a Payment
Updated on: Oct 08, 2014How to allocate a payment if it is not currently paid against an invoice.
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Late Payment Charges
Updated on: Oct 08, 2014Sometimes parents don't make their payments on time and with Abacus you can choose to add a late payment charge to their account if they fail to do so. This can be a really effective tool to improve cash flow.
There are two ways of doing this:
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Voucher Reconciliation
Updated on: Oct 08, 2014Vouchers can be added at any time as a payment through the child's account screen or in Quick Pay.
Some settings find it beneficial to add vouchers with advance dates, which can help the balance when raising invoices etc, and then reconile them as they arrive.