How Does Automated Smart Deposit Work?
Overview
With the power of LawPay and MyCase combined we have all of the data associated with your online payments and are able to utilize this data to automatically create deposit slips associated with your payments that are batched together. You’ll no longer have to do the tedious manual matching of your multiple accounting ledgers to your singular batched bank deposit.
The Power of LawPay and MyCase Combined
Since MyCase and LawPay understand all of the details of your online payment transactions we are able to identify which transactions are associated with the banking deposit in your account. Due to having all of the details associated with your payment batch, MyCase will take the payments that you have received and combine them into one deposit slip that you can always access in the Banking page of MyCase Accounting.
How Do I Know If a Deposit Slip Was Created Automatically?
When looking at the list of all of your deposit slips within the Banking page you’ll be able to easily identify which deposit slips were automatically created by MyCase. Each deposit slip within the table will show a question mark icon giving you additional details about this deposit slip. These will be different from your other deposit slips because they will not have the icons that your user created deposit slips will.
Can I Update or Delete An Automatically Created Deposit Slip?
Deposit Slips that are created by the MyCase system cannot be edited or deleted. Since MyCase + LawPay have the record of truth associated with your online payments we want to ensure that this data is not changed accidentally by a firm user.
Why Do My Automatically Created Deposit Slips Not Match with the Ledger Date?
Since there is a slight delay from the time that payments are made and when you receive the funds into your bank account you will notice that the deposit slip date and ledger dates will be different.
What If I Want To Disable Automated Smart Deposit?
To disable Automated Smart Deposit navigate to the Accounting Settings Page. At the bottom you’ll notice the setting showing “Enable Automatic Creation of Deposit Slips From LawPay”. Simply toggle this setting OFF to disable and then deposit slips will not be automatically created based on your LawPay transactions.
What If I Notice An Issue With My Deposit Slip?
If you notice that there may be an issue with a deposit slip that was automatically created by MyCase please don’t hesitate to contact support at [email protected].