Setting up multiple bank accounts in PlayHQ

Applicable to: Sporting Bodies (Tenants), Association and Club Administrators
Application(s): Admin Portal > My Organisation > Overview > Payments 


This article will cover the following:

  1. How to add multiple bank accounts within the Admin Portal
  2. Directing fees to specific bank accounts

Related articles:

Resources:

Managing multiple bank accounts

Some organisations use multiple bank accounts to manage their finances. For example:

  • A single club operating as separate entities (e.g. Juniors, Senior Men, Senior Women), each with their own bank account
  • When certain fees need to go directly to a third-party bank account
  • For better financial reconciliation of different income streams

PlayHQ's multi-bank account feature allows your organisation to use up to 5 different bank accounts while maintaining a single organisation structure for participants.

Important Note

Before you can set up multiple bank accounts, a Super Admin (tenant) must enable this feature for your organisation. This is not automatically switched on, and clubs/associations cannot enable it themselves.

Enabling multiple bank accounts (for tenants only)

Please contact your sport to request an additional bank account be set-up for your organisation. 

Information for Tenants

Please note:

  • Once you enable multi-bank accounts for an organisation, you cannot disable it later
  • If an organisation has set up more than one bank account, you cannot switch off the feature
  • You can upgrade the number of allowed accounts (e.g. from 1 to 3), but you cannot downgrade

If you're a tenant (AFL, CA, BV, etc.), follow these steps to enable multiple bank accounts for an organisation:

  1. Navigate to Organisation Settings

    Go to the Settings > Organisations list in the Admin Portal

  2. Select the organisation

    Find and select View to go to the organisation you want to enable multiple bank accounts for

    Select organisation screen

  3. Enable the feature

    Toggle on 'Enable multiple bank accounts for this organisation'

    Toggle multiple bank accounts

  4. Set the account limit

    Select the number of bank accounts that the organisation can set up (between 2 and 5)

    Set account limit

  5. Save changes

    Click the Save button to apply these settings

Adding additional bank accounts

Once the multi-bank account feature has been enabled for your organisation, you can add additional bank accounts:

  1. Access Payment Settings

    Navigate to My Organisation > Overview > Payments in the Admin Portal

  2. Add a new bank account

    Click the Add Bank Account button

    Add bank account button

    Note: This button will be disabled (greyed out) once you reach the limit set by your tenant organisation

    Disabled add account button

  3. Complete the payment onboarding form

    Follow the prompts to connect your additional bank account

Assigning nicknames to bank accounts

To make it easier to identify each bank account, you can assign nicknames:

  1. Access Payment Settings

    Navigate to My Organisation > Overview > Payments in the Admin Portal

  2. Edit the nickname

    Click the edit icon next to an existing bank account

    Edit nickname

  3. Enter a descriptive nickname

    Examples: "Juniors", "Masters", "Senior W Fees", etc.

  4. Save the changes

    Click the Save button to apply the new nickname

Processing fees to specific bank accounts

Once you have multiple bank accounts set up, you can direct different fees to specific bank accounts:

  1. Create or edit fees

    When setting registration or product fees, you'll now see a bank account selection option for every fee type

    Assign fees to bank accounts

    Registration form bank account selection
  2. Select the appropriate bank account

    Choose which bank account should receive these specific fees

  3. Save your changes

    Confirm your selection by saving the fee settings on a given page

Reporting on transactions to specific bank accounts

With the multi-bank account feature enabled, you can track which fees went to which bank account:

  1. Access Financial Reports

    Navigate to the Financial tab in the Reports section of the Admin Portal

  2. View transaction reports

    The transaction and payout report will now show which bank account received each payment

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