Applying Funds to a Participant Invoice option is used for transactions such as transfers and check deposits. Regular invoice payments guardians make through Snap! Spend do not require this step.
You can apply funds from a transfer or check deposit to a participant invoice. Here is how to complete that:
1. Once the transaction has settled, from the Group Banking page, click the three dots on the right-hand side of the transaction and select "Apply to Participant Invoice".
2. A pop-up will display with four steps. Select the season, then the player to apply it to.
3. A list of invoices will appear for the selected participant. Enter the amount you would like applied to each invoice.
4. Review the reconciliation on the final page before submitting. You will also be able to confirm the budget item the invoice reconciles to on this page as well.
Make a mistake? You can undo this application to the participant invoice by clicking the three dots on the right-hand side of the transaction again and clicking "Undo Apply to Participant Invoice".
Still have questions or need help? Please reach out to us directly at spend.support@onsnap.com or by phone at 276-531-9260.
Snap! Spend is a financial technology company and is not a bank. Banking services provided by Thread Bank; Member FDIC. The Snap! Spend Visa Debit is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa cards are accepted.
Your deposits qualify for up to a maximum of $2,500,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity.
You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact customerservice@thread.bank with questions on the sweep program.