How it Works – Adding receipts

Welcome to the latest edition of our 'How It Works' series! In this series, we break down how our system operates and help you get to know the features of Intrinsiq. In this article, we'll walk you through the straightforward process of adding receipts using the Intrinsiq system. Adding receipts is a simple way to keep your records up-to-date and organised. Let's dive into the easy steps to get this done.

Step 1: Accounts receive payment from Agent XYZ of 5000 Euros.

Step 2: Accounts enter receipt on Intrinsiq.  

Step 3: When adding a receipt, Accounts choose which agent it belongs to.

Step 4: The system loads all currently pending invoices from the agent chosen.  

Step 5: When payment is sent, according to agent instruction, Accounts allocate the amounts to the correct invoices.  

Step 6 click save. 

Benefits

Efficient Payment Tracking

You can efficiently track all transactions by using Intrinsiq to record agent payments. The system updates your records in real-time, ensuring that you always have an accurate view of your financial status.

Accurate Invoice Allocation

Intrinsiq allows you to allocate payments directly to the correct invoices based on the agent’s instructions. This helps to ensure that your invoices are settled accurately and reduces the risk of errors in your accounts.

Streamlined Invoice Management

Adding a receipt in Intrinsiq brings up all outstanding invoices from the selected agent automatically. This functionality streamlines the task of managing and reconciling invoices, allowing you to save both time and effort.

Improved Financial Organisation

Being able to enter receipts and assign payments within a single system ensures your financial records remain well-organised. Intrinsiq provides you with a comprehensive and current view of your accounts, improving how you manage your finances overall.

Stay tuned to our articles to learn more about how Intrinsiq can make a difference for you. We’re always working on developing user-friendly features that enhance your experience in international education. By continuously improving our system, we aim to contribute to the global language learning field. Keep up with Intrinsiq to enjoy a better experience and see how we’re making things easier for you. If you have any questions, don’t hesitate to reach out at contact@intrinsiq.net.