Storm Season is upon us again! No doubt you’ll be dealing with insurance claims for property damage over the next few months. So today we wanted to show you how to receipt money from an insurance company into console.
(watch the video below)
PLAY THE VIDEO ABOVE
- Go to transactions and select receipt
- Make sure the receipt type is set to Miscellaneous
- Enter the Insurance Company name into the Received from field
- Under the Transaction column select, Property
- Choose the correct Property File
- Type in the Details
- Under Dissection, choose Insurance Claim Payout
- Enter in the Amount
- Then select the payment method
- Click Save & Close
This will place the funds directly onto the Owners ledger.
If you have existing Pending Payments already entered, you’ll be able to process them now. If your waiting for invoices to arrive, make sure you put a hold on these funds in the owners file so they don’t get paid out by mistake.
Please email us if you’d like to know more about our Advanced Console Courses or need any further assistance.