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Onboarding - Automation Mappings -Owner Payout Account
Onboarding - Automation Mappings -Owner Payout Account

Owner Payout Account Mappings in VRPlatform

Updated over 6 months ago

The "Owner Payout Account" section found on the Mappings page, which corresponds to the "Owner Statement Bills" automation, specifies the general ledger account where owner payouts will be recorded once the owner statements reach the "Posted & Billed" status.

The Fallback should be set to "Trust Liabilities:Owner Payables:Distributions (Payouts)." There should be no exception to this mapping.

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