Electronic Deposit Processing

Deposit Processing

>Accounting >Ledger >Deposit Processing
 
Deposit Processing Window
 
All deposits made to your bank account are listed on the left side of the window. When you select a deposit, the top list on the right displays the actual online transactions that make up that deposit. These may be from different days and be a mix of contributions, online registrations or manual merchant transactions. The lower list on the right displays the account number breakdown including fees. A deposit marked with a yellow dot simply needs to be reviewed and then marked for processing by pressing cmd-k (Mac) ctrl-K (Windows). Deposits in red indicate missing account numbers. Missing account numbers can be from the income or fee side of the setup.
 
 
Missing account numbers can be corrected on this window. Click on a red line from the list on the left. Transactions with missing account numbers will show on the right side with a red dot. By double-clicking on the red dot marked lines you can supply the appropriate account numbers. CDM+ will also then correct the setup windows related to these transactions and any others that make up this deposit.
 
 
When all deposits have been Marked for Processing, click the Continue button to post these transactions to your Ledger. A preliminary posting report will be generated to the screen with a Post button active. Click on the Post button to continue.
 
Deposit Processing Posting Report
 
To view deposits processed go to the ledger entry window. The source of all deposit processing will be listed as Stewardship Technology.
 
Ledger Entries with source listed as Stewardship Technology
 

Deposit Processing Credentials

When a Web Ministry Tool that uses Electronic Banking is activated, the Stewardship Technology merchant account credentials are automatically updated in CDM+. Only the Asset Account to which the monies are deposited needs to be entered by the user. The Asset Account is the checking account you provided with your Stewardship Technology merchant account application for settlement of funds.
 
Enter the Asset Account for the bank account used for settlement of funds
 
After entering in the User Name, Password and Key, click on the Check Settings button to verify the information.
 

Storing of Credit Card and Sensitive Information

All credit card numbers are stored on the computers of Stewardship Technology and are not entered in your CDM+ database. Stewardship Technology adheres to all U.S. Banking policies and procedures and this information is highly encrypted.