Payout Payments

Commission Payouts

Commission Payouts enables you to pay commission from the Trust to your agency only. Payouts to individual employees are not yet supported.

1. Go into your property via Real Estate > Properties
2. Click on the Expenses tab, followed by the Trust Ledger tab
3. Click the yellow Payout button
4. Select the Payout Type > Commission
5. Select Agency in the To... list
6. Enter your date prepared, prepared by and payout amount
7. The Description is automatically generated for you, but you can modify this if needed
8. Click Next
9. Review your payout details, and click Confirm to create your payout

Expense Payouts

Expense Payouts enables you to pay expenses from the Trust to your agency or suppliers. For more information on paying out Suppliers, refer to the Supplier Payouts help desk article.

1. Go into your property via Real Estate > Properties
2. Click on the Expenses tab, followed by the Trust Ledger tab
3. Click the yellow Payout button
4. Select the Payout Type > Expenses
5. Select Agency in the To... list
6. Enter your date prepared, prepared by and payout amount
7. The Description is automatically generated for you, but you can modify this if needed
8. Click Next
9. Review your payout details, and click Confirm to create your payout

Balance Payouts

Before creating a Balance Payout, ensure you have assigned a Vendor and Vendor Solicitor to your property via the Overview tab. Multiple Vendors and Solicitors can be assigned to your property to enable payouts from different people. Payouts can be created directly to a Vendor, or their Solicitor.

1. Go into your property via Real Estate > Properties
2. Click on the Expenses tab, followed by the Trust Ledger tab
3. Click the yellow Payout button
4. Select the Payout Type > Balance
5. Select the Vendor or their Solicitor in the To... list
6. Enter your date prepared, prepared by and payout amount
7. The Description is automatically generated for you, but you can modify this if needed
8. Click Next
9. Review your payout details, and click Confirm to create your payout

Printing Remittance Advice

Some payout transactions can have a remittance advice printed. Not all payout transactions support a remittance advice.

1. Go into your property via Real Estate > Properties
2. Click on the Expenses tab, followed by the Trust Ledger tab
3. Click Print on the individual transaction