Deposit & Payment Tracking

Keep every deposit and payment matched to the right booking without chasing spreadsheets or digging through bank feeds.

363 hrs
Time saved/month
11
Companies have mapped
Map This Automation

About This Automation

Deposit and payment tracking requires bookkeepers to manually check bank feeds, payment processors, and email to match incoming payments to invoices. This fragmented process is slow, error-prone, and consumes significant time each month.

Automation matches payments to invoices automatically, records them in accounting software, and flags exceptions for review. Payments are recorded same-day with higher accuracy and minimal manual effort.

Key features
Match incoming payments to open invoices using customer name, amount, and date
Handle partial payments and multi-invoice settlements with fuzzy matching
Record matched payments directly in accounting software and mark invoices as paid
Flag low-confidence matches and unmatched payments for human review
Update payment tracking spreadsheets automatically after each match
Reduce month-end reconciliation time by pre-matching deposits

How The Automation Works

The full workflow, from trigger to completion.

1. Payment Receivedtrigger

A payment arrives in the bank feed or dashboard and triggers the automation workflow.

2. Extract Payment Data

The automation reads the payment amount, customer name, date, and reference from the bank or payment processor and prepares it for matching.

3. Match to Invoice

The automation searches QuickBooks for an open invoice matching the payment amount and customer, using fuzzy matching to handle name variations and partial payments.

4. Match Found?

The system checks whether a confident match was found. If yes, proceed to record. If no, flag for manual review.

5. Record Payment in QuickBooks

The automation creates a payment record in QuickBooks, links it to the matched invoice, and marks the invoice as paid.

6. Update Tracking Sheet

The automation logs the payment details, match status, and timestamp for reporting and audit.

7. Notify

The automation sends a summary notification to the finance team, confirming the payment was recorded and the invoice is now closed.

8. Flag Unmatched Payment

For payments with no confident match, the automation creates a task and logs the payment for the bookkeeper to investigate manually.

4 reasons to map this process

1

It's completely free

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2

You get a complete build plan

A visual process map, automation spec, delivery timelines, and everything needed to build it, customized to your workflow and tools.

3

You see your real numbers

Custom pricing, ROI projection, and payback timeline based on your actual process, not industry averages.

4

There's no obligation to build

Your build plan stays in your workspace with no expiry. Move forward whenever the timing is right.

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Frequently asked questions

Everything you need to know before mapping this process.

This template is a starting point based on how other businesses handle this type of work. When you map your process, you describe exactly how your team does it and the automation is built around your workflow, not a generic template.

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Estimated Time Saving
363hrs/month
Process pain:8.2/10
Mapped by:11 Companies

Map this to your business to get your exact numbers.

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