Account Balances in CUR8 provides an all-in-one view of your organization's financial details, including balances, active funds, payout history, and reporting options.
How to Access Account Balances
Only users with Admin permissions can view Balances.
- Log in to your CUR8 account.
- Navigate to Main Menu, then Accounting Dashboard.
- The Balances section is displayed in blue at the top.
Understanding Account Balance Components
- Total Balance: Combines Active Funds, Settled Funds (electronic deposit only), and Payouts in Transit (electronic deposit only).
-
Active Funds: Money owed to you for:
- Events currently selling tickets
- Events in their 60-day hold period
- Current donation balance
-
Settled Funds (Electronic Deposit Only):
Online sales (credit card and POS terminal) and donations are batched and placed into Settled Funds for payout based on your payout schedule (daily, weekly, or monthly). -
Payouts in Transit (Electronic Deposit Only):
Payouts that are on their way to your bank account (typically within 24 hours). When reconciling, confirm these funds have not already been deposited, as it may take up to 24 hours for updates to appear.
Key Features of Account Balances
-
"Balances as of Date":
- This date filter shows your Account Balance as of a specific day.
- If no date is selected, it defaults to today.
- This does not backdate reporting.
- Helpful for reconciling and closing your books.
- Formula: Total Balance on a given day + money already received = total sales through that date.
-
Account Reports:
- Select a Project Name from the left side to download a Project Account Report with detailed financial information for that project.
- Select Donation to download a .CSV of your entire donation history.
-
Payouts/Active Funds Toggle:
- Located in the top-right corner, this toggle lets you switch between viewing Current Projects and Payout History.
-
Project History Report:
- Located at the bottom of Account Balance page.
- Provides a line-by-line report of all reconciled payouts for your organization
- Not a summary by individual project or payout.
Active Funds Detail
Lists all projects currently selling tickets or in their 60-day hold period, along with your current donation account balance.
Project Account Report (.CSV):
Select Project Name to download this detailed report for that project’s accounting.
Donation Report (.CSV):
Select Donation Balance to download a detailed report for donation information.
Missing W2 Warning
If you see the message below on your Account Balance page, you must submit a W-9 before a payment can be issued. Please reach out to support@cur8.com if you need assistance.
Why does CUR8 need a W9 and where should I submit it?