Payments are funds paid OUT, typically to Agents for commission owed.
Payments are paid out against a Credit Note.
During the Enrolment process, if an enrolment or booking is using the StudentGross or Company Gross invoice method, a Credit Note will automatically be generated on the Agent Account.
Typically, the Agent then invoices the School for the amount, the finance team can check the amount against the Credit Note (and Enrolment if necessary) to authorise the payment.
When the payment has been made to the Agent, a Payment transaction must be generated in Schoolworks to record the transaction, and to ensure the Creditor balance remains accurate.
Steps
Navigate to the Agent Account required and click on Finance Details.
Review any Credit Notes generated on the Creditor account (there may be more than one if there are more than one Enrolment or Booking).
Click on Payment