Swaziland l Term 4 l Dec 2016

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Swaziland l Term 4 l Dec 2016

Dear Real Pay User

Over the course of 2016, the Real Pay team operated with a renewed focus on company values. Specifically the first value, Learning through constant innovation, gave rise to a host of new product- and system developments.  As such we would like to focus your attention on the Final Instalment Report.


System Enhancement: Final Instalment Report

This multi-functional report contains a wealth of data that is used most efficiently when exported to Excel.

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The report was developed to provide solutions to specific question around client contracts. When exported into Excel, the data contained in the report can be utilised to generate a variety of useful information.

Specific applications

  • Future Count – this function displays all (active and cancelled) contracts with the selected number of instalments. From the dropdown menu, select the number of instalments (0 -10) you wish to see. Leave the Last Action Date parameter and Last Action Date = Next Action Date set to ALL. Click the View Report button.
  • Last Action Date – this function displays all contracts with instalments in the selected period (interval range from The Last Six Months to The Next Two Months). From the dropdown menu, select the relevant period, leaving the Future Count and Last Action Date parameters set to ALL. Click the View Report button.
  • Last Action Dates = Next Action Date – this function displays only transactions with a single instalment in the selected period. From the dropdown menu, select a Last Action Date and from the Last Action Dates = Next Action Date dropdown menu, select Yes. Click the View Report button.
For this example, all contracts with their last instalment in the next two weeks were selected.
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The report displays the following information:
  • The selected Merchant Number
  • The referring Client Number for the contract with instalments
  • The Contract Number with instalments relevant to your selection
  • The Total Number of instalments in the contract
  • The number of Future Dated instalments
  • The number of instalments in the contract in Successful status
  • The number of instalments in the contract in Failed status
  • The number of instalments in the contract in Dispute status
  • The number of instalments in the contract in Error status
  • The number of instalments in the contract in Cancelled status
  • The number of instalments currently Processing status
  • The number of transactions in Retry status
  • The First Action Date for the contract
  • The Last Action Date for the contract
  • The Next Action Date in the contract sequence
When the Status columns are removed by clicking on the Action button and then Select Columns we can see the following:
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For Client Number A 0001, Contract Number Z 0001 – the first entry – there is 1 Future Dated transaction and there was 1 Successful transaction. The First Action Date for this contract was 29 November 2016 and the Next and Last Action Date is 6 December 2016.

We would like to remind you of the following:

December salary dates
Keep in mind that many employers move pay dates earlier in December in order to accommodate employees going on leave. If you consulted with your clients and received permission to adjust collection dates and would like to move these transactions via the bulk editing function, please send an e-mail to batch@realpay.co.za with the necessary details.

Mandates
It is of the utmost importance that all users and merchants have signed mandates for all transactions processed.


Please contact info@realpay.co.za or your relationship manager should you have any queries.

Regards
 
The Real Pay Team

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