How Does Automated Smart Deposit Work?
With the combined power of LawPay and MyCase, we have all the data associated with your online payments. We can 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 can 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 make the payments you have received and combine them into one deposit slip that you can always access on the Banking page of MyCase Accounting.
How Do I Know If a Deposit Slip Was Created Automatically?
When looking at the list of your deposit slips on the Banking page, you’ll be able to identify which deposit slips were automatically created by MyCase easily. 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 created by the MyCase system cannot be edited or deleted. Since MyCase + LawPay has a record of truth associated with your online payments, we want to ensure that a firm user does not accidentally change this data.
Why Do My Automatically Created Deposit Slips Not Match with the Ledger Date?
Since there is a slight delay between when payments are made and when you receive the funds in your bank account, you will notice that the deposit slip date and ledger dates will differ.
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 “Enable Automatic Creation of Deposit Slips From LawPay.” Toggle this setting OFF to disable it, 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].
To learn more about MyCase Accounting, take the MyCase Accounting 101 Online Course in the MyCase Learning Center.