How to Generate Vendor Settlements in Syncrostore

Step 1: Navigate to the Settlements page from the Admin menu.

Step 2: Review the Unsettled Balance — the total combined amount owed to all vendors with positive balances.

Step 3: Set a Cutoff Date — this defines the date through which sales and rent will be included in the settlement period.

Step 4: Add Settlement Notes (optional) to attach to this settlement batch.

Step 5: Click "Generate Settlements."

The system will create a settlement check for every vendor with a positive balance. If no vendor has a positive balance, the system will alert you that there are no credits to settle.

Important: Make any necessary balance adjustments on the Rent page (credits, fees, etc.) before generating settlements. Once generated, settlements cannot be undone.