The Rho Banking tab, under All Accounts, provides a consolidated view of your account activity and key fund movement statuses. It displays the following information for your Rho accounts:
Balance: All funds currently available across your Rho accounts, including the portfolio balance of your Treasury account (does not include any pending transfers).
Pending out: All outgoing funds that are currently in the Pending state.
Approvals needed: All transactions that are awaiting approval before they can be initiated and move into a Pending state.
Scheduled transactions: All transactions that have been set up to be sent on a future date.
To view transactions for a specific account, select it from the list on the left-hand side. Once you select the desired account, the summary boxes at the top will provide visibility into the following:
Available balance: The amount of money in your account that you can use today, does not include pending transfers.
Current balance: The total amount of money in your account, including pending transfers.
Pending out: The total amount of money that is currently in the process of leaving your account.
Clicking on a single transaction opens the Transaction Details window.
Transaction table columns
The transaction tables display the following columns:
Date: The calendar date when the transaction was posted to the Rho Business Account.
Amount: The amount of money deposited or withdrawn from the account.
Sender: The organization or account that is the source/payer for the transaction.
Recipient: The organization or account that is the destination/vendor for the transaction.
Type: The type of transaction that took place:
ACH-US - A domestic transaction via ACH.
CHECK - A physical check transaction generated by Rho.
INTERNAL - An internal transaction from one Rho account to another.
RDC - A remote deposit check capture transaction.
WIRE-DOM - A domestic wire transaction.
WIRE-INT - An international wire (SWIFT) and foreign exchange transaction.User: The Rho user or automated function that initiated the transaction.
Department: The budget assigned to the transaction.
Status: The status of the transaction:
A - Awaiting Approval
C - Canceled Transaction
P - Pending Transaction
Q - Queued Transaction
R - Rejected Transaction
S - Settled Transaction