• Frequently Asked Questions About Contacts

  Does Contacts replace my accounting system? No. Contacts helps your team manage daily financial activities related to each contact. Your accounting system remains the main source for accounting entries and financial reports. Can I transfer money to any bank account? The bank account must have the appropriate status. Transfers also depend on your permissions and the services enabled for your company. Does submitting a transfer mean it is complete? No. Submitting a transfer meansFew readers

• How to Track Incoming and Outgoing Transactions

  You can view incoming and outgoing transactions at two levels: Contact level: Open the Transactions section in the Contact Details page to view financial activity across the contact’s bank accounts. Bank account level: Open a specific bank account to view the transactions associated with that account. You can review: Incoming transactions (Pay In) Outgoing transactions (Pay Out) Transaction amount Payment purpose Sender and beneficiary details AttachmenFew readers

• How to Transfer Money to a Contact

  You can start a transfer from the Contacts list or directly from an active bank account in the Contact Details page. Depending on where you start the transfer, some information may already be selected. To make a transfer: Select the contact, if not already selected. Select the bank you want to transfer from. Select the bank account you want to transfer to. Enter the transfer amount and purpose. Add a description and tag if needed. Upload a receipt, if needed. RevFew readers

• Understanding Transfer Statuses

  This article explains the different transfer statuses and what each status means. A transfer can have one of the following statuses: Pending The transfer has been submitted and is waiting for its final result. For Pending transactions, select Update Status to check the latest transfer status. Successfully Processed The transfer has been successfully processed and settled. Tanked The transfer reached an unsuccessful final status. Rejected TheFew readers

• Understanding Bank Accounts and Their Statuses

  The Bank Accounts section displays all bank accounts linked to a contact. Each account can have one of the following statuses: Active: The account is ready for transfers, subject to your permissions and available services. Inactive: The account has been added, but activation has not been completed. It cannot be used for transfers until it is activated. Suspend: The account was previously active but has been suspended. It cannot be used for transfers until it is reactivated.Few readers

• How to View and Update Contact Information

  To view a contact’s information: Open Contacts using the tab at the top of the page. Find the contact in the Contacts list. You can browse All, Companies, or Individuals, or use the search and filter options. Select the contact to open the Contact Details page. Open the relevant section to view the contact’s information, bank accounts, or transactions. The Contact Details page includes three main sections: Contact Information: DisplayFew readers

• How to Add a New Contact

  To add a new contact: Open Contacts using the tab at the top of the page. Select New Contact. Choose the contact type: Company Individual Select one or more contact subtypes based on the selected contact type. Select the country where the contact is registered or resides. To enter the required contact information. Add the contact’s bank account details. Review the entered information and submit the form. Once the contact is successFew readers

• What is Contacts in Nqoodlet?

  Contacts brings all financial information related to the people and organizations your business works with into one place. A contact can be either a company or an individual. Each contact can also have one or more subtypes that describe the Contact’s relationship to your account: Employee Vendor Customer Related Party Available subtypes depend on the selected contact type. Depending on your permissions and the available services, you can use a contact’s profile to:Few readers