Ideas Portal
Original Title: In the Merchant Services Transfer detail, please show me what transaction code was used on the student's account!
This would save so much time as I am processing our banking into appropriate accounts. It would be so nice to be able to look at something like the following (example uses our own studio's transaction codes):
Student A $25 4401: Registration Fees 8/23/21
Student B $25 4400: FY22 Tuition 8/23/21
Student C $25 4415: Open Class 8/23/21
All of the transactions are for the same amount, so I wouldn't really have a clue without the indication of the transaction code.
Y'all are truly wonderful, and I hope the idea button doesn't make folks feel like they have permission to be rude to anyone on your staff. You guys rock!
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Yes!! This is a necessity for us. It is taking me hours longer than it does with Studio Director just to record a payment and deposit in QuickBooks because this report doesn't exist. I have to run 3 different reports in Studio Pro to get the information that is in one report on Studio Director. Both a summary and a detail report of transfer by transaction code should be available so we don't have to run all these separate reports and reconcile, or go one by one and look up each family's transaction in their account. It is wasting a lot of time and will be next to impossible when we switch over to Studio Pro for our regular season and we are running 100s of payments on the same day. Thank you!
Please!!! Please breakdown my transfer details by transaction code! I know I can run a report to show income by transaction codes for a certain date, but that doesn't show the fee that was taken out!
For example:
Code "Monthly Tuition" - Gross Income $500 - Processing Fees $25.25 - Net Income "Monthly Tuition" $474.75
Code "Costumes" - Gross Income $2000 - Processing Fees $75 - Net Income "Costumes" $1925
Totals - Gross Income $2500 - Processing Fees $100.25 - Net Transfer Amount $2399.25
Please!! This would be so helpful for sales tax purposes and just all around for accounting!!
There is no way to clearl reconcile your account when you have several transactions for the same exact amount especially when each payment method may take several days to clear. It is a full out guessing game. Not one Merchant ID code matches the code the merchant sends to the bank. I would love for some kind of information to be sent so it is easier to match up the deposits to which transaction(s) it was for.