To process a pension payment or commutation from the Bank Data Transactions Screen, select Benefits Paid from the Expense Group in the Categories list. Mclowd displays the Add Payment screen with relevant data pre-entered.
Verify that all fields are filled with the correct data. Add or correct as required.
Click the ADD PAYMENT button to save and return to the data transactions screen.
The transaction is now marked ”Verified”.
Note: The Verified marker is underlined. By clicking the marker, you can view the transaction details you posted, or reverse an entry if you have made an error.