Steps to entering data

Once you have completed the finance setup with all the codes and or templates that you require for finance then you are able to commence entering transactions.

Click Finance on the Navigation Menu to reveal the choices you have regarding managing finances.

The order of processing is expected to be as follows:

If you use xero

  1. infoodle will create a batch and import transactions for you according to the schedule you have created
  2. reconcile the transactions.
  3. Generate receipts.

If you do not use xero

  1. Add a new batch.
  2. Add transactions into the batch – Adding individual transactions, Adding a collection of transactions, Adding bulk transactions or Bank statement import. You can use any of the above methods as many times as required in any sequence in order to build up a list of transactions that makes the batch. Therefore the batch can have any meaning that is most useful to you, be it donations from a specific event, or the weeks transactions etc.
  3. If you have imported a statement, reconcile the transactions.
  4. Close the batch and if desired, generate the report.
  5. When ready to bank then bank the batch.
  6. Generate receipts.

Note: These functions are explained further by following the links above.