If your owner is required to pay funds to your bank directly, you can record the receipt for this within the owner's statement.
- Go to Agency > Commission statement.
- Click the cog to the right of the owner.
- Select Statement.
You will be forwarded to the statement of the owner.
- At the top right-hand side in the Record payment / expense section select Owed to owner.
- Add the amount you have received from the owner as a negative value. The double negative of a negative value owed to owner = owner owes to you.
Please note:
If you add the amount first and then change the type of payment, the amount will be deleted.
- Enter a caption e.g. money received from the owner.
- If you are using payment references, add one.
- Select the Date, the entry is to show on the statement.
- Click Save.
The screenshot below shows what the owner would see in their statement after saving.
When you complete this in your owner's statement, it will add an entry to be marked as paid as pictured above. Then, once you complete your end-of-month payment run, this will add an entry of the owner paying funds directly to you to be reconciled. Alternatively, you may choose to mark the entry as paid on an ad-hoc basis.