How to setup and post standing orders in IRIS Fees

Introduction

If clients pay a recurring fee, for example, monthly, quarterly, and so on, it is possible to use standard orders to post the receipts.  

In order to use this method clients will require standing orders to be setup on their accounts.

Setting up Auto Billing:

1. Open IRIS Fees from the IRIS Main Menu.

2. Click Posting | Standing Orders | View

3. Click New.

4. Enter the Client ID, Amount of Payment, VAT, Frequency of standing order, Description (optional) and Bank account (optional).

5. Click OK.

Post Standing Orders

Once standing orders have been setup within IRIS, the process described below can be run to post the standing orders.  

1. Open IRIS Fees from the IRIS Main Menu.

2. Click Posting | Standing orders | Make postings

3. Select the Date to post the standing orders up to, Manager and/or Partner (optional) and Frequency of standing order. If only monthly is selected, any auto bills which have not been set to monthly, for example, quarterly, will not be posted.

4. Click OK.

• Prior to closing the Time & Fee periods the batch will need to be closed.

1. Open IRIS Fees from the IRIS Main Menu.

2. Click Posting | Batches

3. Choose the Period which the batch was created in.

4. Highlight the batch and click Reopen.

5. Click End Batch.