Import for member savings and loan repayments

In employee-based institutions, particularly those using a check-off system, member savings and loan repayments are typically made on scheduled days, such as once a week or once a month. To process these transactions, (savings, shares and loan repayments) the admin will use the import tool.

Steps

• On menu navigate to Import then select transactions
• Click on download template

• Save the template on the desktop and fill in the data as per the sample image below.

• Once the data has been captured correctly, upload it on CAMs
• The upload is assigned to a user
• Enter account (Ledger) against which the import is to be posted, in this case Co-op bank
• Select the file to be uploaded on the desktop

Once the data is submitted, check for any errors.