When a payment is made to your co-ownership’s account, it is automatically logged in the platform. All you have to do is allocate this payment to the right owner or supplier (if it is a credit note).
To do so, open the Accounting tab and then the Accounts and Payment Account or Reserve Account sub-tab depending on the account concerned by the incoming payment.
You will find a payment line dedicated to the payment that has been made to your co-ownership’s account. Click on the Allocate option available on this line.
In the window that opens, all you have to do is allocate (=assign) this payment to the co-owner or supplier who initiated it.
- Allocate to: Choose whether this payment comes from an owner, supplier or if it is an internal transfer (from your reserve account to your payment account for example).
- Then select the owner/supplier/account from which this payment comes.
To confirm, click on Allocate at the bottom right of the screen.
There, everything is in order!