Receipting money in Street
Money can be receipted into Street in two locations: on the Receipt and Reconcile page or manually on an individual ledger.
Receipting via Receipt and Reconcile
The first and suggested method of receipting money into Street is via the Receipt and Reconcile page. This involves you importing a bank statement containing the incoming transactions which you can then receipt onto the relevant ledger.
The reason this is the suggested method is because it will ensure the transactions you are receipting in have come directly from your bank via the bank import and removes the chance for human error. Additionally, receipting tenant money here will also allocate that money to the relevant charges (if you have auto allocation turned on), speeding the accounting workflow up.
For more information, see our Receipt and Reconcile help article.
Receipting manually on a ledger
The second method for receipting money is manually and this can be done on any of the individual ledgers. Had to the relevant ledger and click actions > add receipt.
Note - It's important to understand that while manual receipting is possible, it is more prone to human error as you will be manually inputting information rather than the information being imported from your bank statement. Because of this, we do not recommend manually receipting.
From the receipt payment page you can enter the payment details including the reference and payment description. The reference is extremely important when it comes to reconciliation as the system will check the reference on your bank statement against the reference in Street to assist with reconciliation.
Street is constantly being updated. This can mean that some of these articles become slightly out of date. If you spot something that looks a little bit different to your Street account, please let us know on the live chat so we can get it updated!