When submitting payments for tenants of owners either manually or using multi-pay, you may notice that some checks or payments display under Undeposited Funds account.

This setting can be changed so all collected checks are automatically deposited. Please contact Property Matrix support if you wish to change this.

On the Accounting -> Accounts page, click on the three dot menu near the top right of the page, and then choose the option for New Deposit. The Deposit lightbox will then come up.

From there you will be able to select the information needed to get the proper funds to the account you want.

First select the Bank Account you want using the drop down menu at the top of the screen. Select the Show All Checks box to display all payments made in the system that have not been allocated, here you will see the list of the amount paid, and to which company it is paid to.

Select all the checks that you want to deposit by clicking the checkbox on the left side of each payment.

Click the Save Button when Done.

After it's done, you will be able to print out a deposit slip for your records if needed.

A final message will appear to confirm your deposit, and you will be able to see your funds in the selected account.