In this guide, we will explore the steps necessary to configure the automation for Owner Statements. This automation is important in order to successfully generate monthly owner statements. Follow along as we guide you through the set up process.
Add the Owner Statements Automation
From the Automations screen, click the Create Automation button.
Select the Owner Statements tab, then Owner Statements.
Connect the automation to your accounting platform.
You will be directed to the History tab of the automation. This screen will be blank as there is currently no historical data.
Configure Mappings
Select the Mappings page in the main menu.
Select Classes.
If you have already completed other automations, the classes will already be configured as the settings transfer over. Otherwise, match each listing to it's corresponding QBO class.
Select Locations and map the default (Fallback) to the Trust location in QBO
Go to the Owners page and ensure that each owner is assigned to a listing in the Listings column and select an owner to ensure that each owner is assigned to a Vendor in QBO.
Update Settings
Go back to your Owner Statements Automation on the Automations page and click on the Settings tab.
Set the Enable Automation toggle to on.
Select the Start Date to the first day in the month you wish to generate your first owner statements.
Select the Balance Start Date to the date to start the balance from.
To run owner statements, go the Statements page and refer to this article for more instructions.