How To Import Payments

Follow the steps below to import payments from a CSV file.

Step 1 – Open the import window

  1. In the left-hand menu, click Payments.
  2. Click Import Payments in the top-right corner.
  3. Click Download CSV template.

Step 2 – Complete the template

  • Date – must be mm-dd-yyyy.
  • Account – the bank account the payment landed in.
  • Payment Type – must be ACH, CHECK or WIRE, in capitals.
  • Amount – numbers only. A dollar sign will cause the file to be rejected.
  • Transaction Reference Number.

Optional columns

  • Client Name, Debtor Name and Broker Name may be left blank. If you supply one it must match FactorCloud exactly, including case, or the file is rejected.
  • Invoice Number – applies the payment to specific invoices. Separate several with &&.
  • Label Name – also accepts several separated by &&.

Step 3 – Upload

Drag the file in or click to select it – one .csv at a time – then click Upload Files.

Step 4 – Review

Imported payments land on the Unapplied tab, ready to be applied.

Troubleshooting

  • File rejected – check the payment type is in capitals, the amount has no currency symbol, and the date is mm-dd-yyyy.
  • A name won't match – copy it from the Companies list rather than retyping it.
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