Private withdrawal

Modified on Tue, 26 Mar 2024 at 04:48 PM

Disclaimer

All screenshots in the article were taken in the Dutch version of Yuki.


All bank transactions uploaded to Yuki end up in the 'Bank transactions to be processed' workflow. There can be three situations for the processing of bank transactions

  • IDR has recognised the bank transaction and suggests a match with a payment
  • IDR has recognised the bank transaction but cannot suggests a direct match with a payment
  • IDR did not recognise the bank transaction, so the transaction must be processed manually.


This article describes the third situation.


The Private withdrawal action is used for the deposits to the bank account of the business owner.

Based on the legal form, the transaction is recorded differently. In the case of an unincorporated company, the transaction is posted to a private account; with legal entities, it is posted to an CA.


ATTENTION!

For incorporated companies, salary should not be recorded on these accounts. The 'Payment to employee' action should be used for this.


Only a user with the 'Back office' role in a domain can process bank transactions in the 'Bank transactions to be processed' workflow.


To start processing bank transactions, open the domain. The Back office workflow screen always opens by default. In this screen, click on the Bank tile to open the Bank transactions to be processed workflow.


In the now-opened screen, click on the > in front of a bank transaction line. You will see the following screen when you click on the Private withdrawal action:



Make sure you select the right business owner. You can then click on the Completed button, which will show the next transaction in the workflow.


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