Overview of UK Subsidy Reconciliation in Enrolmy
Scenarios:
You would like to understand how Subsidy Reconciliation occurs
This document assumes the following:
You are a new Enrolmy user
You are an OFSTED Registered Provider
Subsidy Reconciliation In Enrolmy
Subsidy payments are received by:
An individual payment for a child
Or as a bulk payment (for many children) from a subsidy provider
Ultimately, these payments must be identified and allocated to the appropriate invoice for every child.
The subsidy reconciliation process in Enrolmy enables you to import a bank statement containing individual or bulk payments, identify who those payments are for, and allocate them to invoices (in the form of subsidy credit notes).
Subsidy Payment Process Overview
Awesome! You now have an overview of the UK subsidy process.
Last Updated: