Incoming/Outgoing/No-Cash Batches
An incoming batch is a batch representing incoming payments to the organization for things like dues, events and classes. An outgoing batch contains a series of outgoing payments (disbursements) from the organization back to a person or company. A No Cash Batch is a batch containing specialized transactions such as discounts or coupons that have been applied to orders.
Incoming batches are the most common as they represent incoming payments to the organization. In principle, an incoming batch should represent a single cash deposit to the bank. This greatly simplifies the process of reconciliation at month end when comparing our platform data against your bank statement.
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