Enter Deposit Details into Link2 FlowThru
The Agency Payment will be entered as a miscellaneous receipt. Link2 FlowThru will allow you to split the payment for the recipient into Adagio Payables and Receivables. In Receivables, the recipient is a customer; in Payables, the recipient is a vendor. The batch then gets posted in Link2 FlowThru.
Import FlowThru Batch into Receivables
Two batches are sent to Adagio Receivables: one will be a miscellaneous payment batch that will flow to Adagio BankRec when posted; the other will contain payment details that will link to the customer's (recipient's) account with clearing distributions.
Retrieve FlowThru Batch into Payables
One batch will sent to Adagio Payables. It will contain payment details to be applied to the vendor's (recipient's) accountwith clearing distributions.
Retrieve Misc. Receipt Batch into BankRec
Open Adagio BankRec and retrieve the batch from Adagio Receivables. The entry will appear as a deposit with the total amount being the original Agency Payment.
General Ledger Entries
Adagio Ledger will have balanced clearing entries with normal distributions for miscellaneous receipts.