Objective:
This article provides a guide on how to send an owner's statement, covering both automated and manual methods.
In this Article, You Will Learn How to:
Send an owner's statement automatically after processing EOM payout.
Manually send historical statements to an owner.
Way 1: Automatically Sending Owner's Statements After EOM Payout
Process the EOM (End of Month) payout and the ABA file.
To do so head to Trust > Reconciliation
Note: If your three-way balance is off, like in the image above, it will not allow you to go to the next page to process EOM.
Once the ABA file is processed, the system will automatically send the owner's statement.
Way 2: Manually Sending Historical Statements
Navigate to the "Owners List" from the left side menu.
Open the respective owner by click on it from the Owners List.
Select the "Statements" tab.
Find the statement you want to send.
Click on "Download" to save the PDF statement to your device.
Send the downloaded PDF via email to the owner.
Conclusion
By following these methods, you can efficiently send owner statements either automatically after processing the EOM payout or manually for historical statements. This ensures that owners receive their financial summaries accurately and promptly.