Paying Providers

Overview

Paying providers is a multi-step process that involves creating a payout batch, finalizing the batch, and adding ledger payments to the provider's ledger.

Creating a Payout Batch

In order to pay providers, you must first create a payout batch. A payout batch is a collection of transactions that are paid out on to providers. Usually payout batches are aligned with a pay period, but you can create them as you see fit.

Once you have created a payout batch, you can see the list of transactions that are part of the batch. You can also see the total amount that is being paid out for each provider. If the data looks correct, you can then finalize the payout batch. Once a payout batch is finalized, payout entries are added to the provider's ledger and the balance is updated.

Add a Ledger Payment

Now that you have finalized a payout batch, you can add a ledger payment to a provider. Ledger payments are used to record payments for the specific payout entries in the ledger. These payments are subtracted from the provider's balance and are used to keep track of the payments made to the provider.

You can add a ledger payment by clicking on the Add Ledger Payment button in the provider's ledger page. Select the Ledger Entries that you want to pay and enter the payment name and date. Once you have added a Ledger Payment, the provider's balance will be reduced by the total amount of the payment.