Wallet Management
Fleet Master enables efficient management of fleet wallet balances, transactions, and payment statuses with various configurable categories and transaction types.
Managing Fleet Wallets
Fleet Master allows you to manage fleet wallets, track balances, and facilitate transactions within the system. To access this feature, navigate to the Wallets section from the sidebar.
Wallet Overview
In the Wallets section, you can view the following key information for each fleet:
- Fleet ID: Unique identifier for each fleet.
- Fleet Name: The name of the fleet linked to the wallet.
- Balance: Current balance in the fleet's wallet (can be zero or negative depending on pending transactions).
- Payable: Amount the fleet owes.
- Receivable: Amount to be paid to the fleet.
Viewing Transactions
Finance
Go to Transactions
View and manage all financial transactions including payments, refunds, and more.
Best Practices for Wallet Management
Regular Wallet Audits
- Monthly Checks: Review wallet balances monthly to ensure accuracy.
- Audit Trails: Maintain an audit trail for all transactions to ensure accountability and transparency.
Transaction Approval Workflow
- In Review: Transactions should be reviewed by administrators before final confirmation.
- Confirmation Process: Ensure all transactions have supporting documentation and approval before finalizing.
Security Best Practice:
Regularly audit wallet balances and transaction histories to prevent fraud or errors. Implement role-based access control to limit who can view or modify wallet data.