Cycle Tab
Written by Brandy Burch
Updated at March 14th, 2025
This tab sets defaults for the checks and statements that are created, printed, and/or emailed during the Revenue and Billing cycles. It also sets the default location of the backup.
| Contact Information | Contact Information that prints on the bottom of the revenue checks and settlement statements when running a cycle that contains revenue. |
|---|---|
| Billing Message and Alignment | Enter any additional information to print on every owner’s settlement statement. |
| Check Stub Overflow Memo | This will print on check stubs that were too small to hold all of the detail AND didn't qualify for a special situation where (1) The owner statement is being sent to a different address, and (2) Print on Paper is checked for the owner. This could print in combination with the settlement statement being e-mailed if both the Print on Paper and E-mail options are checked. |
| Wire and Dir Deposit (ACH) Payments in Revenue/Billing Cycle Enabled | Enable this feature to have the ability to send payments via Direct Deposit or Wire. See Revenue ACH/Wire Option. The ACH and Wire Payment Methods are only available if you have the GL ACH module. |
| Payments Written by Bank Format / File Path | Use these fields to select a bank and enter the specific file path where the file will be stored. |
| Add deck to offsets and deleted interest account entries | |
| One cash entry per check? |
When updating Revenue/Billing: Yes – records the entry one line item per check number NO – records entry as a lump summary. (NO – is the default) |
| Automatically create office copy | If Y (YES) will automatically create the Office Copy in PDF format during the Revenue/Billing Update process |
| Drive Letter for Data Backup | Default location of your backup folder called \WolfePakBackup. Putting a drive letter here will automatically cause the backup option to appear when selecting the cycle Update option. Drive letter can be changed during actual backup. |
| Automatically create Owner Summary in Excel | If checked, the Cycle > After Check Report > R-1 Owner Summary for All Owners will automatically be saved in Excel into the PRT folder. |