In VRTrust, you can create payments to or from owners directly from the statements page, saving time and ensuring accuracy across your payouts.
Create Bulk Payments
Navigate to the Statements page
Select the owner statements you want to include
Click Create Payments
Note: Payments can only be created from published statements
When using this action, VRTrust automatically filters the list, so even if your selection includes draft owner statements, you will only have the option to create payments for statements in published status.
This helps prevent errors and ensures all payments align with finalized financials.
Understanding “From Owner” Payments
In some cases, you may see payments labeled “From Owner”.
This occurs when an owner has a negative balance (for example, an owner was overpaid).
VRTrust will suggest a payment amount to correct the discrepancy.
Financially, this will be recorded as a 'negative' owner payment in VRTrust.
Adjusting Payment Details
All payment amounts are suggested by default, but can be fully customized:
Edit individual payment amounts as needed
Set a default payment date at the top
This applies to all payments unless overridden per line
Finalizing Payments
Once you click Create Payments:
Payments are recorded in VRTrust
Your financial records are updated accordingly
Accounting Integrations
If you have accounting workflows configured (e.g., VRTrust Transfers to QuickBooks Bills), these payments will be included in the workflow.
Summary
Bulk payments in VRTrust allow you to:
Quickly generate multiple owner payments
Ensure payments are based on published, accurate data
Handle both payouts and owner paybacks
Stay aligned with your accounting workflows
This makes managing owner payments faster, more consistent, and easier to scale.