In MyKidReports, verifying whether payments have been successfully deposited into your bank account is crucial for maintaining accurate financial records.
Benefits of Verifying Payments:
Financial Accuracy: Ensures that the school's financial records align with actual bank deposits.
Fraud Prevention: Helps identify any unauthorized or incorrect transactions.
Timely Action: Allows schools to follow up on any payments that are pending or have failed, ensuring that outstanding amounts are addressed.
Budgeting and Planning: Provides accurate cash flow information for better financial planning and budgeting.
Here’s a detailed explanation of how schools can check if payments have reached their bank:
Check payments on the Web
Step 1: Log in to your account.
Step 2: Go to 'Billing' > Click on the 'Invoices' tab.
Step 3: Go to the 'All invoices' gray color tab. Here you will see all invoices, Now click on that desired student's name whose want to confirm payment. You can search student by name in a search bar.
Step 4: Click on the 'Payments' tab. Go to the 'Completed Payments' tab. Here check now Payment status.
Check payments on the App
Step 1: Log in to your account.
Step 2: Click on the
 | Step 3: Go to 'Billing' > Click on the 'Invoices' tab.
 |
icon.Step 4: Go to the 'All' tab. Here you will see all invoices, Now click on that desired student's name whose want to confirm payment. You can search students by name in a search bar.
 | Step 5: Click on the 'Payments' tab. Go to the 'Completed' tab. Here check now Payment status.
 |