PropWorx

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PropWorx – Property Management and Accounting Software

 

PropWorx is an All-in-One Rental and Sales Property Management and Accounting Software for Estate Agents with Small to Large Portfolios. Manage your entire rental & sales property portfolio with our property administration tools in our all in one system. Designed for Trust Management accounting, PropWorx can manage your Business, Trust and Deposit Cashbooks, from Bank Import to Generating Payments & Audit reports.

 

Our easy to use guide will get you up and running in no time!

Index

  • Generating Netcash service keys
  • Inserting service keys into PropWorx
  • Enable Netcash Auto Bank Feed into PropWorx
  • Import Netcash Transaction into PropWorx
  • Exporting a Payment batch to Netcash

Generating Netcash service keys

Service Keys are a vital part of system security and should be treated with the utmost confidentiality. PropWorx requires 2 service keys and your Netcash account number.

  • Account service key
  • Salary payments key
  • Netcash account number (top right-hand corner in your Netcash account)

Generate an account service key

Login to your Netcash account.

 

Navigate to Account Profile > Netconnector > Account service.

 

  1. Tick the active box.
  2. Insert an email address to receive notifications.
  3. The Statement download option is set to none.
  4. Click on the Submit button.

 

The service key is generated and emailed to the email address linked to the service key.

Generate a creditor payments service key

Navigate to Account Profile > Netconnector > Creditor payments.

 

  1. Tick the Active box.
  2. Insert an email address to receive notifications.
  3. Choose from the following options: Ignore errors, Auto forward action date or Lock batch on upload. (See notes below for detail).
  4. Click on the Submit button.

 

The service key is generated and emailed to the email address linked to the service key.

Note:

  • Select Ignore errors if you would like Netcash to process payments to valid bank accounts and ignore invalid bank accounts. Leaving this option unticked will result in all payments rejecting if any one payment is invalid.
  • Auto forward action date will move your payments to the next valid action date if you have missed your cutoff time.
  • Lock batch on upload will not allow any editing of supplier details once the supplier batch is sent to Netcash.

Inserting service keys into PropWorx

1. Login to PropWorx.
2. Click on Settings > Integrations > Payments.
3. Click on Edit
4. Insert your Netcash Merchant account number, Account service key and Creditor service key.
5. Click on Save.

Enable Netcash Auto Bank Feed into PropWorx

  1. Login to PropWorx.
  2. Click on Settings > Accounting Settings.
  3. Click on Edit
  4. Edit Netcash cashbook, enable Auto Bank Feed and insert “’First import starting from” date.
  5. Click on Submit Details.

Import Netcash Transactions into PropWorx

  1. Click on Accounting > Banking.
  2. Click on the New Transaction Tab.
  3. Select Netcash from Bank Account dropdown.
  4. Auto Bank Feed will import Netcash transactions.
  5. Proceed with allocations and processing.
  6. To view Netcash account, click on Login button.

Exporting a Payment batch to Netcash

  1. Click on Accounting > Payments.
  2. Click on the Release Payments Tab.
  3. Select Netcash from Bank Account dropdown.
  4. Click on payments to be generated.
  5. Click on “Submit Payment Batch”.
  6. Add reference for the batch. The payment file is now submitted to Netcash.
  7. To view and authorise on Netcash, click on Login button.
Click here to read more about Netcash creditor payments
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