Upload Transfer Funds
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The Batch Uploads Funds Transfer module streamlines the process of transferring funds between accounts by allowing users to easily upload transfer details using a standardized template.
You can upload the commission rule using the steps mentioned below:
Upload the latest CSV template.
Copy the transfer funds details into the template.
Upload the template.
Go to the "Batch Upload Transfer Funds" module.
Click on the "Download Template" option.
Once you’ve downloaded the template file, you can copy your data using any spreadsheet software. There are columns that you must complete and others that are optional. Mandatory fields are marked with a double asterisk (**) prefix.
Below are some points to be noted when entering the data into the template.
The file must be a CSV (Comma-separated values) file. The name of your file must end with .csv.
Make sure you don’t change any column headings from row 1 in the template; these are needed for the file to import correctly.
All date fields will accept the MM-DD-YYYY format.
Upload Transfer Funds Fields
**TxnDate
Enter the date of the transaction.
**TransferFromAccntName
Enter the name of the account from where funds are being transferred.
**TransferToAccntName
Enter the name of the account to which the funds are being transferred.
**TransferAmount
Enter the amount to be transferred.
ExchangeRate
Enter the exchange rate, if dealing with foreign currency. If currency of "transfer to" and "transfer from" is same as the home currency, system will consider the exchange rate as 1, regardless of any value provided in the CSV. If exchange rate is not provided in the CSV, it will be automatically fetched from the backend.
Memo
This field allows you enter any additional notes for the transaction.
ImportError
If there any errors from an upload, they will be listed in this column.
Once you have filled the CSV file with your data, you can follow the steps below to upload it into Xoro:
Click Browse to select the saved CSV template file.
After the file has been selected, click Upload to start importing.
While the import is in progress, the summary of the progress will be displayed at the bottom of the screen with the progress bar. After the import has been completed, the result will be displayed with the message for success.
Transfer funds will only get uploaded into the system if there are no errors in the file. If there are errors in the file, a pop-up will reflect the errors in the file. You can fix the errors in the original file, and upload it back into Xoro.
XoroERP allows you to schedule the upload for the funds transfer. To schedule the upload, select the “Schedule Import” option from the “Upload” dropdown.
You will be taken to the “Job Scheduler” page. Enter all the details here and click on “Save”. You can see the job in the “Job Scheduler History” module and the funds will be transferred as scheduled.
