A customer payment management system has been embedded into the Micronet Advantage Suite. Payment types are classified as manual or automatic. Automatic payment types - such as credit cards and direct debits - are transferred directly to the Bank account. Manual payments - such as cash and cheques - can be held in an Undeposited Funds account.
Selections can be made on transactions within the Undeposited Funds accounts to be transferred to the Bank account with deposit slips printed as required.
Via the configuration of your GL interfaces, you can configure multiple Undeposited Funds accounts so that customer payments received can be separated.
Payment flow of information