​
What are Deposits?

Deposits represent incoming funds to your Devdraft account from various sources:
  • Payment Processing: Funds from customer payments and transactions
  • Manual Deposits: Direct deposits from bank accounts or other sources
  • Refunds: Reversals of previous payments or charges
  • Adjustments: Account corrections or fee adjustments
  • Settlements: Regular payouts from payment processors
Deposits are automatically tracked and categorized to help you maintain accurate financial records and monitor your cash flow.

​
Deposits Dashboard

1

Access Deposits

Navigate to Deposits in the Devdraft Console.
You’ll see an overview of your deposit history and current balance.
2

Review Deposit History

View all incoming funds:
  • Recent Deposits: Latest deposit transactions
  • Pending Deposits: Funds in transit
  • Settled Deposits: Completed deposit transactions
  • Failed Deposits: Unsuccessful deposit attempts
3

Monitor Account Balance

Track your current financial position:
  • Available Balance: Funds ready for use
  • Pending Balance: Funds in processing
  • Total Deposits: All-time deposit summary
  • Settlement Schedule: Expected deposit timing
Deposits management interface with transaction history

Deposits dashboard showing transaction history and account balance

​
Deposit Types

​
Payment Processing Deposits

Payment Deposits

  • Customer Payments: Funds from successful transactions
  • Subscription Payments: Recurring payment deposits
  • Payment Link Transactions: Deposits from payment links
  • Invoice Payments: Deposits from paid invoices

​
Manual Deposits

Manual Deposits

  • Bank Transfers: Direct deposits from bank accounts
  • Wire Transfers: International wire transfer deposits
  • Check Deposits: Physical check deposits
  • Cash Deposits: Cash payments received

​
System Deposits

System Deposits

  • Refunds: Reversals of previous charges
  • Adjustments: Account corrections and adjustments
  • Fee Reversals: Reversed processing fees
  • Credit Adjustments: Account credits and bonuses

​
Deposit Processing

​
Processing Timeline

Processing Times

  • Instant Deposits: Real-time payment processing
  • Same Day: Deposits processed within 24 hours
  • Next Business Day: Deposits processed the following business day
  • 2-3 Business Days: Standard bank transfer processing
  • 5-7 Business Days: International wire transfers

​
Deposit Status Tracking

1

Monitor Deposit Status

Track the progress of your deposits:
  • Pending: Deposit initiated but not yet processed
  • Processing: Deposit is being processed
  • Completed: Deposit successfully added to account
  • Failed: Deposit processing failed
  • Reversed: Deposit was reversed or cancelled
2

Handle Failed Deposits

Address deposit processing issues:
  • Review failure reasons
  • Contact support if needed
  • Retry failed deposits
  • Update payment information

​
Account Balance Management

​
Balance Types

Available Balance

  • Funds ready for immediate use
  • Can be withdrawn or used for payments
  • Updated in real-time
  • Subject to any holds or restrictions

Pending Balance

  • Funds in processing
  • Not yet available for use
  • Expected settlement time
  • May be subject to holds

​
Balance Monitoring

1

Track Balance Changes

Monitor your account balance:
  • Set up balance alerts
  • Review daily balance reports
  • Monitor for unusual activity
  • Track balance trends over time
2

Reconcile Deposits

Ensure accuracy of your records:
  • Compare deposits with expected payments
  • Verify deposit amounts and timing
  • Investigate discrepancies
  • Update records as needed

​
Deposit Reports and Analytics

​
Financial Reports

Key Reports

  • Deposit Summary: Total deposits by period
  • Source Analysis: Deposits by payment method
  • Timing Analysis: Deposit processing times
  • Failure Analysis: Failed deposit patterns
  • Settlement Reports: Expected vs. actual settlements

​
Analytics Dashboard

Performance Metrics

  • Total Deposits: All-time deposit volume
  • Average Deposit Size: Typical deposit amounts
  • Processing Success Rate: Percentage of successful deposits
  • Settlement Time: Average time to settlement
  • Growth Trends: Deposit volume over time

Business Insights

  • Payment Method Preferences: Most popular deposit methods
  • Seasonal Patterns: Deposit volume by season
  • Customer Behavior: Deposit patterns by customer type
  • Cash Flow Projections: Expected future deposits
  • Risk Analysis: Potential deposit issues

​
Deposit Security

​
Fraud Prevention

Security Measures

  • Transaction Monitoring: Automated fraud detection
  • Identity Verification: Customer verification processes
  • Amount Limits: Maximum deposit limits
  • Suspicious Activity Alerts: Notifications for unusual deposits
  • Manual Review: Human review of flagged transactions

​
Compliance Requirements

Deposit processing is subject to various regulatory requirements and compliance standards.
1

Know Your Customer (KYC)

Verify customer identities:
  • Collect required identification
  • Verify business information
  • Monitor for suspicious activity
  • Maintain compliance records
2

Anti-Money Laundering (AML)

Prevent money laundering:
  • Monitor transaction patterns
  • Report suspicious activity
  • Maintain transaction records
  • Comply with reporting requirements

​
Best Practices

Deposit Management Best Practices

  • Regular Monitoring: Check deposits daily for accuracy
  • Timely Reconciliation: Reconcile deposits promptly
  • Document Everything: Keep detailed records of all deposits
  • Monitor for Fraud: Watch for suspicious deposit activity
  • Maintain Compliance: Follow all regulatory requirements
  • Optimize Processing: Use efficient deposit methods
  • Plan for Growth: Scale deposit processing as business grows
  • Backup Systems: Have alternative deposit methods available

​
Use Cases

​
E-commerce Businesses

Online Retail

  • Daily Sales Deposits: Regular deposits from online sales
  • Seasonal Peaks: Increased deposits during busy periods
  • Multiple Payment Methods: Deposits from various payment sources
  • International Sales: Deposits in multiple currencies

​
Service Businesses

Service Providers

  • Project Deposits: Deposits for project milestones
  • Retainer Payments: Regular retainer deposits
  • Consulting Fees: Deposits from consulting services
  • Subscription Revenue: Recurring subscription deposits

​
Non-profit Organizations

Non-profits

  • Donation Deposits: Deposits from fundraising campaigns
  • Grant Funding: Deposits from grant payments
  • Event Revenue: Deposits from event registrations
  • Membership Fees: Deposits from membership payments

​
Troubleshooting

​
Next Steps

Explore these related topics to enhance your deposit management:

Transactions

Monitor all payment transactions and deposits.

Settings

Configure deposit and payout settings.