The Link Payment option is available on the Reconcile page for any incoming bank transaction that doesn't already have a Linked Payment or Suggested Match. If a Suggested Match appears but is incorrect, you can click the 'Options' drop down to link the payment instead.

If you have auto allocation enabled in your accounting settings, linking the payment will also allocate to any charges and mark any unused funds as available for auto allocation.

To get started, click the Link Payment button on the relevant transaction.

First, choose the type of ledger you want to receipt the money into. You can link to any of these ledgers: Tenancy, Lettings Application, Owner, Contractor or Agency by searching for the specific ledger by address or name.

Once selected, Street will show the relevant details — address, associated people, and the current ledger balance.

Once you've selected a ledger, choose how you want to link the payment

The link once only option should be used for one-off payments that you don't expect to receive again regularly. This could be an owner paying a one off admin fee or a tenant paying for a key replacement charge.

You'll see a blue banner confirming the amount that will be receipted with some additional options to edit the receipt description, change allocation, and manage the auto-allocate remaining funds toggle (if auto-allocation is enabled).

The link for repeated payments option should be used when you want Street to automatically associate future payments matching the same criteria with this tenancy, for example, monthly rent from the same tenant.

This works by creating a Matching Rule based on the transaction details. Street will pre-populate suggested conditions from the transaction (such as payee name or reference), which you can adjust. For more information on how matching rules work, see our Matching Rules help article.

Once the conditions are set, you'll see the same blue banner as Link Once Only, with the same additional options.

When you click Receipt & Reconcile, Street will receipt the money onto the tenancy ledger and create the matching rule at the same time. Future transactions meeting those conditions will automatically show as a Linked Payment on the Reconcile page.

Within the blue banner you have some additional options.

Within the 'change allocation' section you can also choose to Auto-Allocate Remaining Funds.

If there are funds left over after allocation, whether because there are no charges on the ledger, the payment exceeds the combined charges, or you've manually allocated less than the full amount, you'll see an Auto-Allocate Remaining Funds toggle.

If this is toggled on, any remaining unallocated funds will automatically be applied to charges on the ledger as they become due, in line with your allocation settings
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If this is toggled off, the money will be receipted onto the ledger but left unallocated indefinitely, bypassing your auto-allocation settings until you manually allocate it

When linking to a lettings application where the holding deposit has been marked as requested (within the Lettings Application process) but yet been received, you'll see an option to Receipt as Holding Deposit. Selecting this will mark the payment as the holding deposit and automatically complete the Holding Deposit Received task on the application.