Written by RPM currently has a report available that shows balances alongside scheduled deposits. At the request of several client companies, the new version will also include a report that shows balances alongside actual deposits—the money that has actually, not potentially, been deposited into your clients’ accounts. If your company doesn’t schedule deposits for clients, this report will come in handy.
By selecting a category, such as the “SSA” category (shown below), you can report on the total amount of that deposit type each client has received. The actual deposit totals will display alongside the clients’ balances for a specified date.
By selecting the Query option for this report, you can export clients’ balances and actual deposits into a spreadsheet along with the SSN, account manager, client type, and/or support type for each client. This option will be especially useful for Social Security audits.
Please comment and let us know if this will be useful to you or if there are any other reports you’d like to be able to run on scheduled transactions. As always, we appreciate your feedback!