Banking Transaction Update

Banking Transaction Update

The Banking Transaction update sub-totals all payment and disbursement activity by bank account and builds a table of deposit and disbursement records for each bank account. This update is the first step in exporting your bank transactions to Intuit Quicken or other Money Management Software (the second step is running the Export Bank Transactions update). This update is included in Servicing Director as a daily close-out event. You should run it every day before you run the Export Bank Transaction update and the Bank Account Activity report. You do not have to specify criteria to run this update.
To run the Banking Transactions Update:
  • Access the event manager application.
  • Under available, expand system administration .
  • Expand end of day updates.
  • Highlight and drag over the banking transaction update.
  • Select Run.

ArticleNumber:

000049465

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