Latest News from Parent
Feature update
Improvement

Enhanced Payment and Payout Tracking

M
Shared by Michael • December 24, 2024

Hi there,

We’re excited to announce new enhancements to our payment and payout tracking features, designed to provide companies with greater visibility and control over their financial transactions.

Payments:

  • Detailed Transaction Insights: Companies can now track essential details for each Parent Pay transaction, including deducted fees and refunded amounts.
  • Payment Status: Easily check whether payments have been paid out and transferred to your company’s bank account.
  • Exportable Reports: All payment data can be exported into comprehensive reports for better financial analysis and record-keeping.
  • Accessibility: This feature is available for both company-wide and individual location payment listings.,

Payout:

  • Comprehensive Payout Breakdown: Companies can view a detailed breakdown of each payout, including all transactions and total fees associated with each payout.
  • Location-Based Tracking: Easily list all locations included in each payment and filter transactions by location for targeted insights.
  • Exportable Data: Payout details can be exported into reports for further analysis and documentation.

These enhancements empower companies to manage their financial operations more effectively, ensuring accurate tracking and reporting of payments and payouts.

Parent Team